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The president disclosed that the government, through the MoE, planned a relief package for private schools who were affected by COVID-19 induced shutdown of schools. [35] The Finance Minister stated in his report that the Government spent about 54.3 million Ghana cedis to provide cooked and uncooked food to the vulnerable during the 3-week ...
The program is claimed to serve as a 'blueprint' for Ghana's economy recovery post COVID-19. [ 6 ] [ 7 ] [ 8 ] According to Osei Kyei Mensah Bonsu , the Ghana CARES program 'is the boldest and biggest economic recovery program in the country's history, will enable the country to turn the challenges created by COVID-19 into opportunities for ...
Signaling a dramatic shift in policies, the ERP fundamentally changed the government's social, political, and economic orientation. [1] Aimed primarily at enabling Ghana to repay its foreign debts, the ERP exemplified the structural adjustment policies formulated by international banking and donor institutions in the 1980s. [1]
Ghana became the largest gold-producing country in Africa after overtaking South Africa in 2019. [29] The country is also the second-largest cocoa producer (after Ivory Coast). [30] Ghana is rich in diamonds, manganese or manganese ore, bauxite, and oil. Most of its debt was cancelled in 2005, but government spending was later allowed to balloon.
After that, it changed to a Social Insurance Pension Scheme, which was governed by the PNDC law 247. [1] In Ghana, there were changes made to the pension system by a law called Act 766 of 2008. [ 1 ] This new system was put into action in January 2010, replacing all existing pension schemes in Ghana, including Cap 30.
Ghana's universal healthcare system has been described as the most successful healthcare system on the African continent by business magnate Bill Gates. [2] The system has been found to have made Ghana's rate of health insurance one of the highest in Africa, though funding problems may complicate its future. [3]
The State of the Nation address (sometimes abbreviated to SONA) is an annual address to Parliament given by the President of the republic of Ghana covering economic, social, and financial state of the country according to Article 67 of the 1992 constitution of Ghana. [1] [2] [3]
The New Patriotic Party, found in 1992, is the successor to the Gold Coast's The Big Six independence achiever party United Gold Coast Convention (UGCC); the People's National Convention, and the Convention People's Party, successor to Kwame Nkrumah's original party of the same name, which was the incumbent government of Ghana for 10 years from ...