Ghana has been ranked 2nd in Sub-Saharan Africa by the World Bank in an Open Budget Survey. The country’s score of 53% follows South Africa which is ranked first in the region with a score of 85%. The World Bank in its World Development Report said Ghana was …
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An Aviation Expert based in the United States, Mr Sean Mendis, has said that Ghana’s presidential jet, the Falcon, is not the ideal jet for long journeys. He said it may embark on such journeys however, that will require a higher technical support and also with less luggage and passengers …
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Former Finance Minister, Dr Kwabena Duffuor has said the country is in a more perilous debt situation today than at any time between 2009–2016. In a statement backed with figures, Dr Duffuor noted that the country’s total debt stock of GH¢351.8 billion as at end-2021, GH¢112.5 billion, representing 32%, was …
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Ghana has topped the list of countries with the cheapest cost of electricity for household use in West Africa. According to data from GLOBALPETROLPRICES.COM, a website that tracks the retail prices of motor fuel, electricity, and natural gas in over 150 countries, Ghana stood in 9th place as the country …
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Ghana faces a looming fuel shortage as the central bank rations dollars after oil prices surged following Russia’s invasion of Ukraine. The monthly fuel import bill for the West African nation jumped to $450 million in May, from $250 million in January, according to two people with knowledge of the …
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As part of Government’s efforts to have an extensive public engagement on the YouStart Programme before its official launch, the YouStart Secretariat at the Ministry of Finance met with a cross section of Civil Society Organizations (CSO) in Accra. The stakeholder meeting was among other things to take the CSOs …
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