IMF upgrades 2020 economic forecast but warns of a slower 2021
By Isaac Newton Tetteh – GITFIConline.com The International Monetary Fund (IMF) is forecasting a somewhat less severe recession than it
Read more
Global Economics
World Bank outlines policies for economic recovery in Sub-Saharan Africa
Driven by the economic fallout of the COVID-19 global pandemic, growth in Sub-Saharan Africa is predicted to fall to -3.3
Read more
European markets pull back over concerns for the global economy
The U.K. reported 6,178 cases, up by 1,252 since Tuesday, as the country grapples with a Covid-19 surge. Two German
Read more
Ghana’s economy contracts 3.2% in second-quarter of 2020
Ghana’s economy contracted by 3.2 per cent in the second quarter of 2020, compared to the same period in 2019,
Read more
Brexit talks deadlocked: UK plans to override parts of EU withdrawal deal
British Prime Minister Boris Johnson is set to announce legislation that will undermine key parts of the withdrawal deal with
Read more
Global economy unlikely to benefit from falling dollar
A declining dollar usually boosts trade and the resilience of the global economy and helps to reduce trade imbalances — but its
Read more
Global dividends plunge by $108bn during Covid-19 crisis
Study of world’s largest 1,200 companies reveals biggest quarterly drop since records began The amount paid out by big companies
Read more
UK sheds 730,000 jobs during the pandemic whilst unemployment rate still at 3.9%
By Isaac Newton Tetteh – GITFIConline.com The UK economy has shed 730,000 jobs since the corona virus pandemic shuttered most businesses in March 2020,
Read more
China’s Infrastructure-Heavy Model for African Growth Is Failing
In Ethiopia and Kenya, the attractive illusion of the “China model” has had grave financial consequences. The strategy of “infrastructure-led
Read more
Development Bank Ghana ready in 2 months; US$500m to be mobilized as seed fund
The government is in discussions with four different international financial institutions to establish a new bank by September this year.
Read more
UK economy ‘might not recover until 2024’
The UK economy could take until 2024 to return to the size it was before the coronavirus lockdown, according to
Read more
Ghana’s economy to recover from 2021-Finance Ministry
By Isaac Newton Tetteh – GITFIConline.com Accra-The Ministry of Finance has projected recovery of the Ghana’s economy from 2021 following
Read more
Mid-year budget: Govt to pay laid off workers temporary incomes
The Minister of Finance, Ken Ofori-Atta is set to announce a temporary financial relief programme for persons who lost their
Read more
African Economic Outlook 2020: Developing Africa’s workforce for the future
Africa’s economic growth has stabilized at 3.4 percent in 2019 and is expected to pick up to 3.9 percent in
Read more
As Ghana struggles with COVID-19, inflation rate for June stands at 11.2%
As Ghana struggles with rising infections of COVID-19, the country’s year-on-year inflation rate for the month of June is 11.2
Read more