The Impact of Austerity Measures on China’s Economy China is currently navigating a complex economic landscape, marked by domestic challenges and an ongoing trade war with the United States. As part of a three-part series, this article delves into the government’s efforts to curb wasteful spending and the unintended consequences that have emerged from these measures. The Civil Servant’s Dilemma …
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External sector surge: A pivotal moment for government, industry, and households
A New Era for Ghana’s Economy: From Deficit to Net Lending In the first quarter of 2025, Ghana achieved a significant economic milestone by recording a net lending position to the rest of the world. This accomplishment marks a turning point from years of persistent deficits and external vulnerabilities. The combined surplus of $2.2 billion in the current and capital …
Read More »Urgent Actions Needed for Energy and Cocoa Sectors – IMF
IMF Highlights Critical Challenges in Ghana’s Energy and Cocoa Sectors The International Monetary Fund (IMF) has emphasized the importance of addressing persistent challenges in Ghana’s energy and cocoa sectors as part of broader efforts to sustain fiscal reforms under a $3 billion bailout programme. This comes after the IMF’s Executive Board approved the fourth review of the Extended Credit Facility …
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