Tag: Economic recovery
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Akufo-Addo charges private sector to help with Ghana’s economic recovery
As the Ghanaian economy strives to rebound to pre-pandemic levels, the Government is urging the private sector to come up with innovative products and services to satisfy the needs of their markets. The remarks come at a time when businesses are complaining about the high cost of production in the country, which is affecting the…
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World Bank urges Ghana gov’t to take steps to stabilise its economy
The World Bank has charged the government of Ghana to prioritise the development of a roadmap that will return the country to a state of economic equilibrium that is credible in the eyes of stakeholders. Ghana’s public debt has increased from GH¢ 299.1 billion at the end of 2020 to GH¢344.5 billion as at end…
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Prioritize debt sustainability and efficient public spending – World Bank to Ghana
The World Banks’ Chief Economist for Africa, Albert Zeufack, has reiterated calls on Ghana and other countries in Sub-Saharan Africa to prioritize the implementation of short-term policies to help reconstitute their respective fiscal spaces, following the losses made as a result of the COVID-19 pandemic. According to its latest Africa Pulse report dubbed Charting the…