The striving for macroeconomic stability to fostering consistent economic growth and development has been the major anteriority of this current New Patriotic party (NPP) government. Massive recall can be made from the various macroeconomic variables projection since its maiden budget in march 2017 “Asempa budget”, and subsequent 2018 “Adwuma budget” and 2019 “Mpotuo budget”. Indeed, fiscal consolidation has been the
7th January has been marked as Constitution Day following the amendment of the Public Holiday Act 2001 (Act 601). Despite the negligible opposition the amendment faced given that fact the majority rule regardless.
Ghana’s banking sector suffered huge setbacks leading to the collapse of 7 Banks between 2017 and 2018 financial years. The Bank failures were attributed to poor corporate governance, week risk management and non-performance of loans.
On 27th December, 2018 saw the Electoral Commission’s first test on organizing election in Ghana. This was referenda to aiding the creation of New Regions in Ghana.
The increase in Ghana’s public debt stock has nearly doubled from 36.9% of GDP at the end of 2009 to GH₵ 119.9 Billion (71.9% of GDP) in November 2016. Economic hardships and “particratic” looting and sharing in the contemporary politics of Ghana have made standard of living slummy and gloomy.
Water is undoubtedly the most precious resource on earth. Water is life, but the value of water is more of a paradox as compared to precious metals like Gold.
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