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Economy

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Economy ‘still vulnerable and import-dependent’ – Miracles Aboagye
Mar 21

Economy ‘still vulnerable and import-dependent’ – Miracles Aboagye

Director of Communications for the Bawumia campaign, Dennis Miracles Aboagye, has delivered a critique of government claims that Ghana’s economy has become resilient, arguing that the country remains structurally weak and heavily dependent on imports.

Gov’t is reviewing tax laws to keep pace with changing economy – Vice President
Emma Ankrah
·Aug 19

Gov’t is reviewing tax laws to keep pace with changing economy – Vice President

Vice President Professor Jane Naana Opoku-Agyemang says government is undertaking a comprehensive review of Ghana's tax laws to simplify compliance, improve fairness, and ensure the country's tax regime keeps pace with a rapidly changing economy.

Let’s reconsider 15-month reserves target; rather spend on electricity infrastructure, roads – US-based economist
Charles Nixon
·Aug 10

Let’s reconsider 15-month reserves target; rather spend on electricity infrastructure, roads – US-based economist

According to US-based Assistant Professor of Economics at Niagara University, Dennis Nsafoah, a reserve objective closer to the International Monetary Fund’s estimated adequacy level of six months, perhaps with an additional prudential margin, would still provide Ghana with substantial protection against external shock...

2026 Mid-Year Budget Review deserves more scrutiny, it’s difficult to see the economic case – Dr Nsafoah
Charles Nixon
·Aug 10

2026 Mid-Year Budget Review deserves more scrutiny, it’s difficult to see the economic case – Dr Nsafoah

He added that the relevant economic question is whether the return from moving Ghana’s reserves from an adequate level of around six months toward 15 months exceeds the return from roads, irrigation, energy infrastructure, hospitals, schools and other productivity-enhancing public investments.

61 out of 185 SOEs met April 30 deadline for submitting 2025 financial statements
Isaac Agyei
·May 12

61 out of 185 SOEs met April 30 deadline for submitting 2025 financial statements

Only 61 out of 185 state-owned enterprises, joint ventures and other specified entities submitted their 2025 financial statements to the State Interests and Governance Authority (SIGA) by the statutory April 30 deadline.

We are fully committed to protecting current gains – BoG Governor
Charles Nixon
·Jun 2

We are fully committed to protecting current gains – BoG Governor

According to him, this is very critical in these times to help reinforce trust in the financial system, as well as assure the country’s development partners and investors that the government is committed to fiscal discipline.

Middle East War: Gov’t must turn oil price gains into relief for the poor
Abubakar Ibrahim
·Mar 9

Middle East War: Gov’t must turn oil price gains into relief for the poor

Economist Dr Adu Owusu Sarkodie is urging government to channel any oil revenue windfall from rising global crude prices into targeted support for drivers and vulnerable groups in society.

Ghana’s growth rate to moderate to 4.7% in 2027 – Fitch Solutions
Charles Nixon
·Jun 25

Ghana’s growth rate to moderate to 4.7% in 2027 – Fitch Solutions

According to Fitch Solutions, stagnant oil and cocoa production will constrain export growth.

Ghanaians do not eat stability, inflation – Nana Akomea challenges gov’t economic gains
Emma Ankrah
·May 12

Ghanaians do not eat stability, inflation – Nana Akomea challenges gov’t economic gains

The Chairman of the New Patriotic Party Select Committee on Communications, Nana Akomea, says macroeconomic stability means little to ordinary Ghanaians if it does not translate into improved living conditions.

Why fuel prices haven’t fallen yet despite falling global oil prices
Isaac Agyei
·Jun 26

Why fuel prices haven’t fallen yet despite falling global oil prices

Fuel prices in Ghana are once again caught between global oil swings and the structure of domestic pricing. Crude markets have eased, but pump prices have not yet caught up. Earlier in the year, before tensions between Iran, Israel and the United States escalated, Ghanaian consumers were briefly seeing relief. Petrol w...

We didn’t accuse the BoG of mismanagement; we only highlighted problems – Oppong Nkrumah
Albert Kuzor
·May 13

We didn’t accuse the BoG of mismanagement; we only highlighted problems – Oppong Nkrumah

Member of Parliament for Ofoase-Ayirebi, Kojo Oppong Nkrumah, has stated that the Minority in Parliament has not accused the Bank of Ghana (BoG) of mismanagement following the recent financial losses recorded by the central bank.

Ghana weighs post-IMF pathways as PCI emerges front-runner in policy options
Abubakar Ibrahim
·May 13

Ghana weighs post-IMF pathways as PCI emerges front-runner in policy options

Ghana’s post-IMF programme options are widening beyond the ongoing discussions around the Policy Coordination Instrument (PCI), with government also weighing several alternative engagement frameworks as it prepares for its next phase of economic management.

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