Adnan Adams Mohammed The International Police (Interpol) has estimated that, the cost of cybercrime across Africa is in excess of US$4.0 billion annually. This is evident locally as the Bank …
World Bank
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Economy and FinanceLifestyleNews
World Bank Provides Ghana $360 million to Strengthen Macroeconomic Stability and Lay the Foundations for Resilient Growth
by Adnan Adamsby Adnan AdamsThe World Bank Board of Executive Directors today approved $360 million from the International Development Association (IDA) for the Second Resilient Recovery Development Policy Financing operation to support …
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Economy and FinanceNewsTechnology
Fitch, World Bank revise Ghana’s growth forecasts
by Adnan Adamsby Adnan AdamsFitch Solutions, last week, reaffirmed its projection that Ghana’s Gross Domestic Product, a measure of Ghana’s total economic output, will grow by 4.2% in 2025.
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Economy and FinanceNews
Ghana’s growth projection revised…as World Bank, IMF reevaluate global economy
by Adnan Adamsby Adnan Adamsthe World Bank remains cautiously optimistic about Ghana’s prospects, projecting a rebound to 4.6% growth in 2026 and 4.8% in 2027 rating Ghana among a few African economies showing early …
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Economy and FinanceNews
Tough fiscal reforms needed to address Ghana’s debt crisis – World Bank
by Adnan Adamsby Adnan AdamsThe latest Public Finance Review of Ghana’s economy report launched by the Bank highlights the urgent need for Ghana to reset its fiscal strategy by boosting domestic revenue, rationalizing tax …
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Economy and FinanceNews
Ghana’s economic woes are self-inflicted says World Bank… cautions against rushing back to capital market
by Adnan Adamsby Adnan AdamsGhana’s economic challenges have been attributed by the World Bank to unguided fiscal systems which led to overburdened debt accumulation and unmatching revenues.
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In the face of these challenges, participants agreed to secure agro-pastoral land, improve land governance, and develop sustainable value chains to strengthen the resilience of pastoral and agro-pastoral systems.
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Economy and FinanceFeaturesNewsPolitics
Cedi ranked 4th weakest in Sub-Saharan Africa – WB
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed After losing approximately 24 percent of its value against the US dollar, the Ghana Cedi is currently the fourth weakest or worst performing currency …
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Economy and FinanceNews
Ghana owes US$3.5bn to Deutsche Bank to emerge as highest creditor
by Adnan Adamsby Adnan AdamsWorld Bank has credited US$1.7 billion to Ghana although it has committed a total of US$3.9 billion while the IMF has also credited US$2.3 billion to the country.
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Economy and FinanceNewsPolitics
Ghanaians to expect mid-year budget review on July 23 .
by Adnan Adamsby Adnan Adams“Hon members, the Minister of Finance is expected to present the Mid-Year Review of the Budget Statement on Economic Policy of the government for the 2024 financial year on Tuesday, …