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Tackling these issues will be necessary if Ghana's rapid economic growth is to be maintained. [31] According to Transparency International's 2022 Corruption Perception Index, Ghana was ranked 72nd out of 180 countries, with a score of 43 on a scale where a 0–9 score means highly corrupt, and a 90–100 score means very clean.
The Ministry of Finance and Economic Planning is the government ministry responsible for the economic and monetary health of Ghana. The Ministry is involved with economic planning , fiscal policy , national accounting , the national budget , and creating an environment for investment and growth.
3 October – Ghana reports its first case of mpox this year. [3]14 October – A bus falls into a ditch in Kwapia, Ashanti Region, killing 13 people. [4]18 October: Parliament speaker Alban Bagbin declares four seats held by MPs who switched parties vacant, effectively giving the opposition National Democratic Congress a majority in the legislature. [5]
An economic calendar not only lists daily events, but the volatility levels attached to them. A volatility level refers to the likelihood that a specific event will impact the markets. Economic calendars usually have a three-scale volatility gauge. If an event has a level one volatility, it is not expected to significantly affect the markets.
The rebase moved Ghana into middle income status and it placed the country as the third largest in the ranking of GDP per person in West Africa behind Cape Verde and Nigeria. After the changes in statistics, the service sector became the largest sector of Ghana's economy with a share of 51%.
The Institute of Economic Affairs (IEA), Ghana, is a public policy think tank based in Accra, Ghana. It is known to be Ghana's premier public policy institute. [ 1 ] It was founded by a Ghanaian economist , Dr. Charles Mensa in 1989 at a time when the country was governed by a military regime (Ghana was governed by the Provisional National ...
Ongoing — COVID-19 pandemic in Ghana. 4 November: 2024 Ghanaian general election: Vice-President Mahamudu Bawumia is nominated by the country's ruling New Patriotic Party as their presidential candidate. [1]
As of October 2024, gold exports alone accounted for $9.58 billion, representing more than half of Ghana's total export earnings of $16.5 billion. [84] The mining sector also emerged as the largest source of domestic tax revenue in 2023, contributing a record GH₵11.55 billion (US$980 million) in taxes.