The akyempanzee is past tense! Stop wasting our time w8th stories about that ancient history!
The akyempanzee is past tense! Stop wasting our time w8th stories about that ancient history!
Saul 20 hours ago
Keep writing nonsense. you will soon be served with Ghana Jollof.
Keep writing nonsense. you will soon be served with Ghana Jollof.
Eric Mensah 19 hours ago
And that silly jollof will be eaten like a fool to turn into toilet which is far better than Bawumia
And that silly jollof will be eaten like a fool to turn into toilet which is far better than Bawumia
Cuckoos Nest 13 hours ago
Elephant News. No news!
Elephant News. No news!
Brian 19 hours ago
Foba wasting whose time? you who is not a chimpanzee can never be even Borla Collector,or a scavenger,let alone your chimpanzee shoe shine boy.
You a wise person allowed your chimpanzee to rule you for 8 years,whilst you s ... read full comment
Foba wasting whose time? you who is not a chimpanzee can never be even Borla Collector,or a scavenger,let alone your chimpanzee shoe shine boy.
You a wise person allowed your chimpanzee to rule you for 8 years,whilst you sweat in the sun to work hard to pay for the life style of your chimpanzee?,you provide your chimpanzee with luxury cars an office,build a house at a place of his choice and make sure he does not do anything whilst you who is not a chimpanzee work as the truck pusher pay taxes to pay him and forever make sure his pension keeps him good and he travels around withi staff etc etxc whilst you pay him and his staff soo you and him who is a chimpanzee??Hahaaaaa
You will cry blood jealousy and enviness will kill you hahaaaaa
ATAA NKPA 10 hours ago
That senile old monkey is the MOST USELESS Ghanaian president of all time, followed by his father: ceremonial presidents in word and indeed who had no love for Ghana or Ghanaians! Good riddance to very bad rubbish!
That senile old monkey is the MOST USELESS Ghanaian president of all time, followed by his father: ceremonial presidents in word and indeed who had no love for Ghana or Ghanaians! Good riddance to very bad rubbish!
Observer 4 hours ago
Rawlings and mahama can complete with addo for worse president. Records can never be wiped away. Double Airbus investigations from Mills and then international community. Cleared by osp but even ndc people say osp is a cleari ... read full comment
Rawlings and mahama can complete with addo for worse president. Records can never be wiped away. Double Airbus investigations from Mills and then international community. Cleared by osp but even ndc people say osp is a clearing agent.rawlings is the father of the daughter of a murderer
Abbey 17 hours ago
NPP members always think they are better than most people and entitled. That Addo government haircut is the most useless pathetic financial decision ever taken by government. I voted for NPP in 2016 and 2020 but never never v ... read full comment
NPP members always think they are better than most people and entitled. That Addo government haircut is the most useless pathetic financial decision ever taken by government. I voted for NPP in 2016 and 2020 but never never voting for that party again. Both my pensioners father and uncle may still be alive if not for haircuts . Former head master who worked all his life couldn’t access his savings and investments to buy medicine because of that haircuts . At my 4 children and I votes are not for NPP ever till I die .
Tk 1 hour ago
Die soon. A
Men
Die soon. A
Men
K Poku-London-UK 13 hours ago
Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out ... read full comment
Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out of its 68 years history-Ghana IS A FAILED STATE. Dr Bawumia pls aren't you embarrassed by revelations at the PAC on revelations of crime committed by the very people u and Akuffo Addo appointed to run affairs of this country? What record are u going to defend. I have lost respect for you. A muslim without intergrity.
The World Bank has pushed back against the erstwhile Akufo-Addo administration’s long-held narrative that Ghana’s 2022 economic collapse was the result of global turmoil, the COVID-19 pandemic and the Russia-Ukraine war.
Bawumia was the Chairman of the Ghana National Economic Management Committee but he says that he was the Drivers Mate. How can a driver's mate do this when he claims he never had the chance to implement anything in government because the powers that be did not allow him. Yet he wants to claim credit for any good things that he never did yet will refuse to accept responsibility for any failure in their government. How stupid does this man think we are? You took the cedi from 4 to 17 and still had the audacity to tell us the rate of depreciation at that time was better than the previous NDC administration. What at all does this man take us for? Does he think we're stupid or what? Someone should tell this man that we haven't forgotten about the DDEP haircuts and surely we shall punish the npp again come 2028.
It insisted that the economic meltdown was “homegrown”.
In its latest 2025 Policy Notes on Ghana, the Bank made clear that while the COVID-19 pandemic and Russia’s invasion of Ukraine worsened the situation, they were not the root cause.
“The deterioration of global conditions… was not the cause of the 2022 macroeconomic crisis; rather, it merely exposed an economy already beset with deep structural vulnerabilities and precarious macroeconomic conditions,” the report said.
The government has frequently blamed external shocks for the collapse, which saw inflation spiral, the cedi plummet, and the country default on its debt.
But the World Bank said years of weak governance, fiscal indiscipline, and stalled reforms were the real culprits of Ghana's "dark days".
Interbank Market: Cedi trades at GH¢12.35 to $1
The bank also argued that the easy access to international credit and expectations of resource windfalls encouraged short-term political decisions at the expense of long-term stability.
The report noted that the cycle of expansionary spending followed by painful corrections, one that has forced Ghana into 17 IMF programs over the past 68 years, is damaging.
“Sudden macroeconomic stops and crises have led the country to request a record number of IMF programs, remaining under active IMF support for 40 out of its 68 years of history,” the Bank said.
The report also noted that more than 800,000 people were pushed into poverty in the aftermath of the 2022 crisis, with per capita incomes stuck at around US$2,200 for over a decade.
Today, more than a quarter of Ghanaians live below the poverty line, it noted.
Looking ahead, the Bank also raised alarms about Ghana’s fiscal management in the 2024 election year.
It flagged unbudgeted spending commitments of roughly US$4.8 billion, equivalent to 5.7% of GDP, much of it accumulated outside official financial systems.
“Spending indiscipline poses a critical challenge…undermining efforts to maintain fiscal discipline and compromising long-term sustainability,” the report cautioned.
Also, the energy sector arrears still cost around 2% of GDP annually, while COCOBOD’s debts reached US$1.8 billion in 2024, with interventions distorting markets and hurting farmers.
The bank warned that Ghana now stands at a critical crossroads, and temporary fixes will not be enough.
“There is an urgent need to signal a clear break from the past and a commitment to change… Success will ultimately be measured by the ability of the government to regain the trust of its citizens.”
Its recommendations are focused on restoring fiscal discipline, broadening the tax base, reforming state-owned enterprises, and enhancing governance.
Without decisive reforms, the World Bank cautions, Ghana risks remaining trapped in its cycle of crisis and bailouts for decades to come.
REBECCA AKUFO ADDO IS LUCIFER HERSELF:
WHAT DOES SHE THINK SHE IS ? HAS SHE JUST FORGOTTEN HOW SHE WEPT 2025 BEGGING GHANAIANS TO TRY FOR HER HUSBAND AKUFO ADDO SEE ?
A PROUD FOR NOTHING WITHOUT ACHIEVEMENT WIFE:
REBECCA AKUFO ADDO IS LUCIFER HERSELF:
WHAT DOES SHE THINK SHE IS ? HAS SHE JUST FORGOTTEN HOW SHE WEPT 2025 BEGGING GHANAIANS TO TRY FOR HER HUSBAND AKUFO ADDO SEE ?
A PROUD FOR NOTHING WITHOUT ACHIEVEMENT WIFE:
PERICLES 21 hours ago
Thar senile old monkey is the MOST USELESS Ghanaian president of all time, followed by his father: ceremonial presidents in word and indeed who had no love for Ghana or Ghanaians! Good riddance to very bad rubbish!
Thar senile old monkey is the MOST USELESS Ghanaian president of all time, followed by his father: ceremonial presidents in word and indeed who had no love for Ghana or Ghanaians! Good riddance to very bad rubbish!
Hmmm 21 hours ago
A true stateman
A true stateman
Heston 21 hours ago
Apoo! Kuraseni kotebottor akrantiebini-eating neanderthal like you!
Because of social media we have to read your inane comments daily, ofui!
Apoo! Kuraseni kotebottor akrantiebini-eating neanderthal like you!
Because of social media we have to read your inane comments daily, ofui!
AK 21 hours ago
This CJ presumably has set a bad precedent.
Meanwhile many of the NDC contributors on this platform lack etiquette. The insults are too much.
This CJ presumably has set a bad precedent.
Meanwhile many of the NDC contributors on this platform lack etiquette. The insults are too much.
LA VERITE 20 hours ago
Apootor promax! Kuraseni kotebottor akrantiebini-eating neanderthal like you! Because of social media we have to read your inane comments daily, ofui! People like
ou who insult others for insulting others are no better than ... read full comment
Apootor promax! Kuraseni kotebottor akrantiebini-eating neanderthal like you! Because of social media we have to read your inane comments daily, ofui! People like
ou who insult others for insulting others are no better than the people you are insulting for insulting others!
Obroniba 18 hours ago
Very wicked thief old man
Very wicked thief old man
HAPPY DAYS 17 hours ago
@Foba Nana Addo-Dankwa Akuffo-Addo was and still is the most insulted and vilified long before he became President and even now but Grace found him and he is still enjoying it,he increased Ghana's GDP at GHC 230billion in 20 ... read full comment
@Foba Nana Addo-Dankwa Akuffo-Addo was and still is the most insulted and vilified long before he became President and even now but Grace found him and he is still enjoying it,he increased Ghana's GDP at GHC 230billion in 2016 to GHC 1.2trillion in 2024,a 5.1times (Ghana Statistical Service) increase in 8yrs ,unprecedented since independence in 1957.He also upheld individual liberties ànd press freedoms
kulbogo 17 hours ago
What is so special about this, our journalist has nothing to write than writing stupid stories, will the former president meeting a chief justice gonna bring us food on our tables.
What is so special about this, our journalist has nothing to write than writing stupid stories, will the former president meeting a chief justice gonna bring us food on our tables.
cheap JUSTICE 16 hours ago
The dishonorable cheap justice who talks like NDC regional chairman.
The dishonorable cheap justice who talks like NDC regional chairman.
Hmm 14 hours ago
If you believe there is such a thing as NPP/NDC, then I have a lot of freezers for you to sell in the north pole.
If you believe there is such a thing as NPP/NDC, then I have a lot of freezers for you to sell in the north pole.
K Poku-London-UK 13 hours ago
Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out ... read full comment
Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out of its 68 years history-Ghana IS A FAILED STATE. Dr Bawumia pls aren't you embarrassed by revelations at the PAC on revelations of crime committed by the very people u and Akuffo Addo appointed to run affairs of this country? What record are u going to defend. I have lost respect for you. A muslim without intergrity.
The World Bank has pushed back against the erstwhile Akufo-Addo administration’s long-held narrative that Ghana’s 2022 economic collapse was the result of global turmoil, the COVID-19 pandemic and the Russia-Ukraine war.
Bawumia was the Chairman of the Ghana National Economic Management Committee but he says that he was the Drivers Mate. How can a driver's mate do this when he claims he never had the chance to implement anything in government because the powers that be did not allow him. Yet he wants to claim credit for any good things that he never did yet will refuse to accept responsibility for any failure in their government. How stupid does this man think we are? You took the cedi from 4 to 17 and still had the audacity to tell us the rate of depreciation at that time was better than the previous NDC administration. What at all does this man take us for? Does he think we're stupid or what? Someone should tell this man that we haven't forgotten about the DDEP haircuts and surely we shall punish the npp again come 2028.
It insisted that the economic meltdown was “homegrown”.
In its latest 2025 Policy Notes on Ghana, the Bank made clear that while the COVID-19 pandemic and Russia’s invasion of Ukraine worsened the situation, they were not the root cause.
“The deterioration of global conditions… was not the cause of the 2022 macroeconomic crisis; rather, it merely exposed an economy already beset with deep structural vulnerabilities and precarious macroeconomic conditions,” the report said.
The government has frequently blamed external shocks for the collapse, which saw inflation spiral, the cedi plummet, and the country default on its debt.
But the World Bank said years of weak governance, fiscal indiscipline, and stalled reforms were the real culprits of Ghana's "dark days".
Interbank Market: Cedi trades at GH¢12.35 to $1
The bank also argued that the easy access to international credit and expectations of resource windfalls encouraged short-term political decisions at the expense of long-term stability.
The report noted that the cycle of expansionary spending followed by painful corrections, one that has forced Ghana into 17 IMF programs over the past 68 years, is damaging.
“Sudden macroeconomic stops and crises have led the country to request a record number of IMF programs, remaining under active IMF support for 40 out of its 68 years of history,” the Bank said.
The report also noted that more than 800,000 people were pushed into poverty in the aftermath of the 2022 crisis, with per capita incomes stuck at around US$2,200 for over a decade.
Today, more than a quarter of Ghanaians live below the poverty line, it noted.
Looking ahead, the Bank also raised alarms about Ghana’s fiscal management in the 2024 election year.
It flagged unbudgeted spending commitments of roughly US$4.8 billion, equivalent to 5.7% of GDP, much of it accumulated outside official financial systems.
“Spending indiscipline poses a critical challenge…undermining efforts to maintain fiscal discipline and compromising long-term sustainability,” the report cautioned.
Also, the energy sector arrears still cost around 2% of GDP annually, while COCOBOD’s debts reached US$1.8 billion in 2024, with interventions distorting markets and hurting farmers.
The bank warned that Ghana now stands at a critical crossroads, and temporary fixes will not be enough.
“There is an urgent need to signal a clear break from the past and a commitment to change… Success will ultimately be measured by the ability of the government to regain the trust of its citizens.”
Its recommendations are focused on restoring fiscal discipline, broadening the tax base, reforming state-owned enterprises, and enhancing governance.
Without decisive reforms, the World Bank cautions, Ghana risks remaining trapped in its cycle of crisis and bailouts for decades to come.
It saddens my heart when I see people mingling with Akuffo Addo. The guy so ignorant, stupid and evil. But unfortunately most Ghanaians are full of inferiority complex and not until they exorcise that spirit, Ghana is not goi ... read full comment
It saddens my heart when I see people mingling with Akuffo Addo. The guy so ignorant, stupid and evil. But unfortunately most Ghanaians are full of inferiority complex and not until they exorcise that spirit, Ghana is not going anywhere
The akyempanzee is past tense! Stop wasting our time w8th stories about that ancient history!
Keep writing nonsense. you will soon be served with Ghana Jollof.
And that silly jollof will be eaten like a fool to turn into toilet which is far better than Bawumia
Elephant News. No news!
Foba wasting whose time? you who is not a chimpanzee can never be even Borla Collector,or a scavenger,let alone your chimpanzee shoe shine boy.
You a wise person allowed your chimpanzee to rule you for 8 years,whilst you s ...
read full comment
That senile old monkey is the MOST USELESS Ghanaian president of all time, followed by his father: ceremonial presidents in word and indeed who had no love for Ghana or Ghanaians! Good riddance to very bad rubbish!
Rawlings and mahama can complete with addo for worse president. Records can never be wiped away. Double Airbus investigations from Mills and then international community. Cleared by osp but even ndc people say osp is a cleari ...
read full comment
NPP members always think they are better than most people and entitled. That Addo government haircut is the most useless pathetic financial decision ever taken by government. I voted for NPP in 2016 and 2020 but never never v ...
read full comment
Die soon. A
Men
Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out ...
read full comment
William Kweku Akuffo Addo ony3 gbemi!
REBECCA AKUFO ADDO IS LUCIFER HERSELF:
WHAT DOES SHE THINK SHE IS ? HAS SHE JUST FORGOTTEN HOW SHE WEPT 2025 BEGGING GHANAIANS TO TRY FOR HER HUSBAND AKUFO ADDO SEE ?
A PROUD FOR NOTHING WITHOUT ACHIEVEMENT WIFE:
Thar senile old monkey is the MOST USELESS Ghanaian president of all time, followed by his father: ceremonial presidents in word and indeed who had no love for Ghana or Ghanaians! Good riddance to very bad rubbish!
A true stateman
Apoo! Kuraseni kotebottor akrantiebini-eating neanderthal like you!
Because of social media we have to read your inane comments daily, ofui!
This CJ presumably has set a bad precedent.
Meanwhile many of the NDC contributors on this platform lack etiquette. The insults are too much.
Apootor promax! Kuraseni kotebottor akrantiebini-eating neanderthal like you! Because of social media we have to read your inane comments daily, ofui! People like
ou who insult others for insulting others are no better than ...
read full comment
Very wicked thief old man
@Foba Nana Addo-Dankwa Akuffo-Addo was and still is the most insulted and vilified long before he became President and even now but Grace found him and he is still enjoying it,he increased Ghana's GDP at GHC 230billion in 20 ...
read full comment
What is so special about this, our journalist has nothing to write than writing stupid stories, will the former president meeting a chief justice gonna bring us food on our tables.
The dishonorable cheap justice who talks like NDC regional chairman.
If you believe there is such a thing as NPP/NDC, then I have a lot of freezers for you to sell in the north pole.
Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out ...
read full comment
It saddens my heart when I see people mingling with Akuffo Addo. The guy so ignorant, stupid and evil. But unfortunately most Ghanaians are full of inferiority complex and not until they exorcise that spirit, Ghana is not goi ...
read full comment