The government of President Nana Addo Dankwa Akufo-Addo will not be swayed by political expediency to take wrong decisions which would provide short term gain but would have debilitating long term effects on the country, the Vice President of the Republic, Dr Mahamudu Bawumia has maintained. Speaking at the 4th National Policy Summit in Tamale […]
National Democratic Congress (NDC) Member of Parliament for Wa Central Constituency, Dr. Rashid Pelpuo is not a happy man as he returns to the legislature on a recall to among other things approve some loans government is contracting. Parliament has been recalled back to the house to among other things approve the appointment of the […]
Vice President Dr. Mahamudu Bawumia has hinted of government plans to construct the Pwalugu Multipurpose dam in the Talensi District of the Upper East Region. The dam, when constructed will serve as a counter to the annual spillage of the Bagre Dam from Burkina Faso, and also generate electricity for the region. Parliament in 2008 […]
The World Bank has approved a 30 million dollar International Development Association (IDA) credit to support the Government of Ghana strengthen its financial sector stability. The support is also to improve inclusiveness for users of formal financial services and the financially excluded, particularly women, rural communities and farmers. Commenting on the gesture, the World Bank […]
Vice President of the republic of Ghana Dr. Mahamudu Bawumia has arrived in the upper west regional capital to donate relief items to the flood victims, emanating from the torrential rains that have hit the region and the capital in particular in the last few days. The second gentleman of the land arrived in the […]
Vice President Dr. Mahamudu Bawumia has reiterated government’s commitment to the implementation of its industrial agenda with the view to transforming the Ghanaian economy. As a way of achieving this objective, government will continue to offer incentives to local industries as those offered to foreign companies who wish to establish shops in Ghana. Dr. Bawumia […]
Spokesperson to the Vice President, Dr. Mahamudu Bawumia, Dr. Gideon Boako has indicated that the recent upgrade of Ghana’s credit rating from B- to B, by international rating agency, Standard & Poor’s will shore up investor confidence in the country. According to him, the cardinal signal that investors look out for, before investing in a […]
Vice President Dr. Mahamudu Bawumia’s recent comments that Ghana’s economy is built on strong fundamentals have received vindication from Standard & Poor’s Global Ratings. Dr. Bawumia while speaking at a Student’s Entrepreneurship Initiative program in Tamale dismissed the minority National Democratic Congress’s (NDC) concerns that the recent marginal depreciation of the cedi was occasioned by […]
The global and international credit ratings agency, Standards and Poor (S&P) global has affirmed Ghana’s stronger macroeconomic fundamentals. The rating agency has upgraded Ghana’s credit score from ‘B’ minus to ‘B’ with a stable outlook. At the same time, they have revised Ghana’s transfer and convertibility (T&C) assessment to ‘B+’ from ‘B’. In its latest […]
Some 250 businesses from the Northern, Upper West and Upper East regions have received cheques for various sums through the Ministry for Business Development. The money is part of government’s business support initiative under the Ministry for Business Development. The Presidential Business Support Programme is an initiative of the Government to provide financial support to […]
The Bank of Ghana has assured the public the fundamentals of the economy is sound and strong, despite recent depreciation of the Cedi. Speaking at “The Cedi Forum” to discuss the depreciation of the local currency, the head of Financial Markets and Treasury Stephen Opata pointed out that the Central Bank has a firm grip […]
A Senior Research Fellow at the Institute for Fiscal Studies (IFS), Dr Said Boakye, has expressed confidence in the managers of the economy, allaying fears the recent depreciation of the local currency will lead to economic meltdown. The Ghana Cedi in recent times has depreciated marginally against major international currencies, especially the US dollar causing […]
