Tag: Informal Sector
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Ghana’s informal sector valued at GH¢45.2 bn; grows by 5.9% in 2019
Ghana’s informal sector recorded a growth of 5.9% in 2019; which is the second highest following the rebasing of the economy. In relation to prices of commodities with reference to 2013 which is the base year for calculating Ghana’s economic year, the informal sector’s worth reached 45.2 billion cedis, which is the highest value for…
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Lockdown in Ghana will hit informal sector hard; subsidies may be needed – Dr. Sarkodie
An economist, Dr. Adu Owusu Sarkodie, has stated that majority of Ghanaians who work in the informal sector will be impacted heavily should government order a lockdown as a stern measure to contain the spread of the coronavirus. Following the steady increase in the number of recorded cases of COVID-19 in Ghana, there have been…