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Ghana’s leader Nana Addo Dankwa Akufo-Addo says despite the far distance of the crisis in Eastern Europe, where Russia has launched an invasion on neighbours Ukraine, Ghana is feeling the effects. He said the Russia-Ukraine crisis, which began on Thursday, February 24, has had an indirect impact on the economy of Ghana in one way or the other. Addressing Parliament on Wednesday, ...

President Akufo-Addo has admitted for the first time that the timeline given by his government for the construction of all hospitals under the government’s Agenda 111 project, was overly ambitious. The President, who said this in parliament on Wednesday, March 30, 2022, when he delivered the State of the Nation Address, said the projects will be completed before January 7, ...

The government has committed to further spending cuts amid the rising cost of living and growing sense of economic hardship. These new measures will be in addition to the ongoing 20 percent expenditure cut as part of fiscal stabilization and debt sustainability measures. Members of the Council of State also voluntarily cut their monthly allowances by 20 percent till the ...

Fuel prices in Ghana will go down by 15 pesewas per litre effective April 1, 2022. This reduction will be in place for three months. This was disclosed by the Minister of Finance, Ken Ofori-Atta, on Thursday, March 24, 2022, while announcing measures put in place by the government to cushion Ghanaians against current economic shocks. “To mitigate the rising ...

The government says all its flagship programs including the ambitious Free Senior High School (SHS) policy will continue to run regardless of the challenges confronting the country’s economy. This is contrary to earlier suggestions by the Minister responsible for Information, Kojo Oppong Nkrumah that all 16 flagship programs of the government including the Free SHS were up for possible review ...

Good afternoon, Ladies and Gentlemen of the Press and fellow citizens. Thank you for availing yourselves. I am here today to announce to you measures to address the economic difficulties we are facing due mainly to recent global and domestic events. These difficulties have manifested in:  rising fuel prices;rising inflation and cost of living;exchange rate depreciation;rising interest rates; andrevenue mobilisation ...

The Ghana Integrity Initiative (GII) has outdoored a Corruption Risk Assessment Report (CRA) on the Government of Ghana’s COVID-19 interventions.  The Report, which was launched via Zoom in February this year was meant to evaluate the susceptibility of the Government’s COVID-19 socio-economic interventions to corruption and to provide appropriate policy recommendations to relevant state agencies on ensuring the integrity of ...

Government has reportedly agreed to scrap some taxes on petroleum products as a way of dealing with incessant increase in fuel prices largely caused by rising crude prices on the International market and a depreciating cedi against major currencies. The supposed government decision comes on the back of engagements with key groups and associations which threatened to embark on a ...

The Information Minister, Kojo Oppong Nkrumah, has revealed that all 16 flagship programmes of government will soon be reviewed to ensure their objectives are well achieved. According to him, it is one of the decisions taken during the three-day cabinet retreat at the Peduase Lodge in the Eastern Region to mitigate the economic difficulties in the country. Currently, the country ...

The Ghana Health Service (GHS) is to review the Covid-19 restrictions and protocols in the country by next week. The Service says there is a task force that has been set up to review the situation across the board and the report would be released next week to Ghanaians. Minority in Parliament has called for the reopening of Ghana’s land ...