**COPEC Projects Rise in Fuel Prices for July 2024**

  **Accra, 28th June 2024** – The Chamber for Petroleum Consumers (COPEC) has projected an increase in fuel prices for the first pricing window of July 2024. This anticipated rise is attributed to the recent depreciation of the Cedi against the Dollar, with the exchange rate dropping from $1: ¢14.4788 to $1: ¢15.2779, a decline […]

*NPP Has the Men to Stabilise the Cedi – Justin Frimpong Kodua**

The General Secretary of the New Patriotic Party (NPP), Justin Frimpong Kodua, has confidently asserted that the NPP possesses the expertise and capability to stabilize the Ghanaian cedi. Speaking at a press briefing on Monday, Kodua emphasized the party’s strategic economic plans and the competence of its economic management team. Kodua’s remarks come amidst ongoing […]

Every Ghanaian Owes GHC 19,671, New Report Reveals**

  A recent report has revealed that the average Ghanaian now owes GHC 19,671 due to the nation’s rising public debt. The report, published by the Institute for Fiscal Studies (IFS), highlights the significant increase in Ghana’s per capita debt burden and raises concerns about the sustainability of the country’s fiscal policies. According to the […]

We are doing better than the economy that he former president John Dramani Mahama was managing as President Vice President Dr. Bawumia

Vice President Dr. Mahamudu Bawumia has confidently stated that the current administration is handling the economy more effectively than the previous government under former President John Dramani Mahama. Speaking at a recent economic forum, Dr. Bawumia highlighted several key areas where he believes the New Patriotic Party (NPP) has outperformed the previous National Democratic Congress […]

Hon. Seth Ankrah Challenges Bawumia’s Economic Assessment Amid Cedi Depreciation Comparison against John Mahama’s regime **

  In a robust exchange of viewpoints on Ghana’s economic landscape, Hon. Seth Ankrah has issued a pointed critique of Vice President Dr. Mahamudu Bawumia’s comparison of cedi depreciation trends between the New Patriotic Party (NPP) and the National Democratic Congress (NDC) regimes. Ankrah’s remarks come as a sharp rebuke to Bawumia’s recent assertions and […]

“Ghana Leads African Nations in Debt Levels, IMF Reports”

  Ghana has emerged as the African nation with the highest debt levels, according to recent data released by the International Monetary Fund (IMF). The report highlights the significant financial challenges facing the country and underscores the urgent need for effective debt management strategies. With debt levels surpassing those of other African nations, Ghana’s economic […]

Dr. Bawumia Announces Plan to Abolish E-Levy, Promote Cashless Transactions**

  In a significant move aimed at fostering a cashless economy, Vice President Dr. Mahamudu Bawumia has declared plans to abolish the controversial electronic transaction levy (e-levy) in Ghana. The announcement was made during a press conference held at the Jubilee House earlier today. The decision to eliminate the e-levy underscores the government’s commitment to […]

Ghana’s economic downturn not only due to COVID-19 but also excessive spending by IMF

  Ghana, like many nations worldwide, has faced significant economic challenges exacerbated by the COVID-19 pandemic. However, a closer examination reveals that the country’s economic downturn is not solely attributable to the global health crisis but also to excessive spending fueled by loans from the International Monetary Fund (IMF). This revelation has sparked debates and […]