Initially, I declined making comments, primarily because I have never witnessed a health pandemic of this nature before. However, after much promptings, I dug into my finance theories bags, and came up with the following comments/forecasts: 1. Future Income 2. Expenditures 3....
The International Monetary Fund (IMF) has approved the disbursement of US$1 billion to Ghana to be drawn under the Rapid Credit Facility (RCF). The money is to help Ghana address the “fiscal and balance of payments needs” and also help...
President Akufo-Addo’s promise that government will take responsibility of 50% of electricity bills for consumers for a 3-month period has not gone down well with Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye. Benjamin Boakye posited...
By: Cassiel Ato Forson (MP) As a former Deputy Minister responsible for Finance and one who served on the board of the Bank of Ghana from 2013 to 2017, I confirm without equivocation that the Bank Hospital is a President...
Government, as part of measures aimed at mitigating the hardship on Ghanaians caused by the Covid-19 outbreak and the subsequent lockdown of certain areas, has unveiled a number of social and economic interventions. One of these is the decision...
Ghanaians should prepare for a further extension of the lockdown in the country as Government, through a new Executive Instrument EI66, has extended the closure of the nation’s borders by an additional two weeks effective midnight 5th April,...
Prof. John Gatsi  The most commonly known virus to non- health workers over the past century is perhaps Coronavirus.  Recently Ghana announced some measures to deal with the spread and protect human lives. Some of the measures affect the financial...
The Minority in Parliament has challenged Finance Minister Ken Ofori-Atta to demonstrate how the Government intends to raise the remaining US$65 million of the US$100 million allocated to fight coronavirus. Parliament on Wednesday (April 2) approved US$35 million of the...
Gravity CEO Dan Price was facing a crushing decision--cut 20 percent of his people or go bankrupt. Then, he had a brilliant idea: Ask employees for help. Covid-19 is ravaging the global economy and presenting employers with unprecedented challenges. For Gravity...
The presentation made to Parliament by Hon. Ken Ofori-Atta on the economic impact of the Coronavirus pandemic suggests that the targeted surplus primary balance and lower than 6% budget deficit are not to be expected by end of the...
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