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The economy of Ghana has a diverse and rich resource base, including the manufacturing and exportation of digital technology goods, automotive and ship construction and exportation, and the exportation of diverse and rich resources such as hydrocarbons and industrial minerals . The Ghanaian domestic economy in 2012 revolved around services ...
The Ghana banking crisis was a severe banking crisis that affected Ghana between August 2017 and January 2020. The Bank of Ghana (BoG) allowed several indigenous banks to be taken over by private companies between August 2017 and January 2019 after Nana Akufo-Addo was elected president in December 2016. Most of the indigenous banks had been at ...
(Bloomberg) -- Ghana’s economy grew faster than expected in the three months through June, expanding 4.8%, buoyed by manufacturing and cocoa production.Most Read from BloombergPutin Mobilizes ...
PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than nominal GDP. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.
With nearly 35 million inhabitants, Ghana is the second-most populous country in West Africa. The capital and largest city is Accra; other significant cities include Kumasi, Tamale, and Sekondi-Takoradi . The earliest kingdoms to emerge in Ghana were the Kingdom of Dagbon in the north and the Bono state in the south, with the Bono state ...
Ghana is spending almost $250m hosting the African Games, and the country's outlay amid a time of economic turmoil has brought scrutiny. African Games: Ghana hopes legacy will outlive current ...
Ken Ofori-Atta. Kenneth Nana Yaw Ofori-Atta (born 7 November 1958), [1] [2] [3] is a Ghanaian investment banker [4] who served as the Minister for Finance and Economic Planning in the cabinet of Nana Akufo-Addo from 2017 to 2024. [5] He was a co-founder of Databank Group, a Ghanaian financial services company, and served as executive chairman ...
The government set aside 80million Ghana cedis to pay frontline health workers' incentive package as part of Ghana's COVID-19 pandemic preparedness. The Minister for Employment and Labor Relations stated an amount of GH¢320 million was spent on health workers as part of the Government's COVID-19 relief package. [58]