Tag Archives: Economic Crisis

The Ashanti Regional Minister, Mr. Simon Osei-Mensah  has slammed Ghanaians for blaming the New Patriotic Party (NPP) government for the current economic hardships. According to the Minister, every country in the world is facing difficulties hence the government cannot be blamed. He said his party and the government are rather …

The Ministry of Health has instituted a schedule for the usage of elevators at its head office in Accra. In a memo dated March 31, 2023, the administrators of the ministry indicated that the move was necessitated because of the current financial challenges the government is facing. The authorities, in …

President Nana Akufo-Addo has given assurance to Ghanaians that the government is committed to resolving successfully the difficulties confronting the nation. Speaking at the 18th consultative council meeting of the Anglican Church on Sunday 12 February 2023, President Akufo-Addo indicated that he was aware that these are difficult times for …

Flagbearer hopeful of the New Patriotic Party, Alan Kyerematen, has admitted that the worsening economy is making it difficult for the party to come up with a campaign message for the 2024 general elections. Speaking during a visit to the Sefwi Wiawso Traditional Council as part of his campaign tour, …

The Deputy Finance Minister, Abena Osei Asare has warned that any delay in the approval of the 2023 budget will worsen the current economic crisis. The Member of Parliament for Atiwa East  blamed the current economic challenges on external factors in a statement on the floor of Parliament on Tuesday …

Former President, John Dramani Mahama, says Ghana’s current negotiations with the International Monetary Fund (IMF) should be the last of its kind. According to him, the country must create sustainable policies to keep the economy afloat, without ever resorting to the IMF. Speaking in an interview on VOA on Wednesday, …

In wake of Ghana’s recent downgrade of its foreign and local credit ratings from B-B to CCC+C, former President John Mahama has called for an urgent national dialogue on the economy. Such a move, he said, will help save the ailing Ghanaian economy, and its debilitating effects on Ghanaians. He …

The Russian Embassy in Ghana has taken exception to the attribution of the current economic crisis across the globe to the Vladimir Putin-led invasion of Ukraine in February. “However, the truth is different,” the Embassy said in a tweet on Monday.         “The Embassy wishes to shed …