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Ghana

Ghana

Population: 33.74m
GDP: $75.24bn
Debt: 83.6% of GDP (2024)

news from Ghana

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Found 296 articles.

Displaying 21-30 out of 296 results.

Government stonewalling on corruption comes under fire

Worsening financial strictures and revenue shortfalls are adding to the urgency of independent calls for tougher action against state skulduggery

As investigations multiply into conflicts of interests in state agencies, lawyers and rights activists are accusing the New Patriotic Party (NPP) government of covering up malfeasance. Their calls...


Supreme Court outlaws presidential decisions

President Akufo-Addo's sacking of the Auditor-General has been condemned raising questions of accountability

Ghana's highest court has ruled unconstitutional President Nana Akufo-Addo's demand three years ago for the Auditor-General, Daniel Domelevo, to go on leave. After Domelevo complied under heavy pressure,...


The ruling party could benefit from its IMF U-turn

After losing a by-election, the opposition NDC is crafting its campaign on government failure ahead of next year's elections

The IMF approval of a US$3 billion bailout to support Ghana's ailing economy is being held up as a victory by the governing New Patriotic Party (NPP), but...


The IMF offers some breathing space

Accra has secured concessions from the multilateral banks as well as China in exchange for promises on debt

Although West Africa's second largest economy had been expected to receive an International Monetary Fund deal in the coming months, the IMF's 17 May announcement – that its...

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Deeper reforms needed after the bailout

Slowing inflation and a strengthening cedi after the IMF credit will help the ruling party’s election campaign

Ghana's US$3 billion bailout deal with the International Monetary Fund will not be painless, and comes with demands for a diet of structural reforms and spending cuts. Key...


Banks count the cost of debt restructuring

The government's debt exchange deal piles up pressure on the banks and the wider economy

After much lobbying and protest, Ghana's pension funds avoided the onerous terms of the government's domestic debt exchange finalised in February. Few others in finance were celebrating with...


The Opposition hides its teeth

Despite a near hung parliament, the opposition has done little to challenge the government

An evenly split Parliament between the ruling New Patriotic Party (NPP) and the opposition, National Democratic Congress (NDC) appears not to have resulted in greater parliamentary oversight over...


Displaying 21-30 out of 296 results.