Tag: World Bank report
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High inflation worsens food security, deepens poverty crisis in Ghana – World Bank report
Ghana is grappling with a severe inflation crisis that has unleashed devastating consequences on food security and poverty levels, according to the latest Ghana Economic Update released by the World Bank. The report shed light on the alarming surge in prices across all consumer categories, significantly impacting the living standards of Ghanaians, especially the poor.…
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Ghana has reduced industrial activities prematurely – World Bank report
A recent report released by the World Bank has revealed that the decline of Ghana’s manufacturing sector has adversely impacted the industry sector. This, it says, has resulted in the industry sector reaching its peak at a time when the total value of the country’s output is lower. Comparing the situation in Ghana to other…