The latest data from Numbeo has ranked Ghana as the 3rd country in West Africa with the highest cost of living. It added that the country ranked 20th among 24 countries with the lowest cost of living in Africa. Numbeo’s ranking is based on Rent Index, Groceries Index, Restaurant Purchase Index, …
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According to a report by Ghanaweb.com, Ghana has one of the strongest economies in Africa, ranking 10th overall with a per capita income of $2,303.290. The weekly market report by Young Investors Network and NIMED Capital as of October 21, 2022 showed that the country’s GDP is $ 73.894 billion. …
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An initial analysis of Ghana’s economic position has been completed by the International Monetary Fund (IMF) team under Carlo Sdralevich. The IMF delegation visited Ghana on July 6, 2022, at the government’s invitation. In a statement released on July 13th, the Bretton Woods organization declared its dedication to aiding the …
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Despite the global economic crisis caused by COVID-19 and the Russia/Ukraine conflict, Vice President Dr. Mahamudu Bawumia said Ghana’s economy is stronger and more resilient. The former deputy governor of the Bank of Ghana told Ghanaians that the country’s economy is growing faster than it did from 2013 to 2016. …
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President Nana Addo Dankwa Akufo-Addo has refuted claims that his government is responsible for hardship and economic stress in Ghana. According to the President, these claims are only made by people who want to make money through politics. Ghbase.com reports President Akufo-Addo said on Tuesday, January 25, that people who …
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