Adnan Adams Mohammed The government’s dream of accessing the international financial market soon could be a mirage as the International Monetary Fund has shot-down hopes that successful debt restructuring …
Ghana economy
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Economy and FinanceLifestyleMining & EnergyNewsPoliticsTechnology
IMF-Ghana bailout program: the light and darkness
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The International Monetary Fund (IMF) has finally approved Ghana’s request for a US$3 billion Balance of Payment support to stabilize the economy. Managing Director of …
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Economy and FinanceNewsTechnology
Economists warn of looming crisis in the banking sector
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Ghana’s banking sector is to face another crisis if the Bank of Ghana fails with its control measures to avert the downturn consequence of the …
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Agric and EnvironmentEconomy and FinanceNewsTechnology
Ghana’s economy looks fragile
by Adnan Adamsby Adnan AdamsBy Elorm Desewu Ghana’s economy may be heading into recession, if the government is unable to secure the US$3billion Extended Credit Facility from the international Monetary Fund, (IMF). The government …
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Economy and FinanceLifestyleNewsTechnology
IEA takes on govt for snubbing fiscal adjustment but pursuing debt restructuring as advised by IMF
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The Institute of Economic Affairs (IEA) is dismayed at the snobbish attitude of government towards the fiscal adjustment advice from the International Monetary Fund (IMF) in …
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Agric and EnvironmentEconomy and FinanceNewsPoliticsTechnology
Fitch, IEA discount gov’t use of COVID-19 and Russia/Ukraine war as excuse for economy woes
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Ghana’s economic collapse cannot solely be blamed on COVID-19 pandemic and the Russian/Ukraine war, Fitch Solutions has discounted government’s overused excuse. It explains that, even …
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Economy and FinanceNewsTechnology
Banks losses due to DDEP may continue into 2024 – Finance Lecturer
by Adnan Adamsby Adnan AdamsThe loss position of banks in Ghana may continue into next year, a Senior Finance Lecturer at the University of Ghana Business School, Dr. Benjamine Amoah, has stated. According …
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Agric and EnvironmentEconomy and FinanceNewsPolitics
Fitch, IEA discount gov’t use of COVID-19 and Russia/Ukraine war as excuse for economy woes
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Ghana’s economic collapse cannot solely be blamed on COVID-19 pandemic and the Russian/Ukraine war, Fitch Solutions has discounted government’s overused excuse. It explains that, even …
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Agric and EnvironmentEconomy and FinanceLifestyleNewsPolitics
Economy to experience prolong recession as new tax policies take effect
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Ghana’s economy is heading into recession if the new tax policies passed by Parliament have been assented by the President are implemented wholesomely, an economist has …
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Agric and EnvironmentEconomy and FinanceLifestyleNewsPolitics
Gov’t told to be wary of tax fatigue
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Last week Parliament of Ghana unanimously approved three amended tax laws which have reviewed upwards some tax items in the Income tax law, Excuse duties law …