Ghana to save $300 million annually for generating electricity with gas
Vice President Dr. Mahamudu Bawumia on Wednesday said Ghana would save 300 million dollars annually upon the successful completion of the reverse flow of natural gas from the Aboadze Power enclave to Tema for power generation. The move, he said, would make the country self-sufficient in using gas for electricity generation and minimise the importation […]
'A Solid Foundation is being laid; Ghana’s Future is Bright' – Veep Dr. Bawumia
The Vice President, Dr. Mahamudu Bawumia, has assured the nation that, the strong macro and microeconomic fundamentals arising from innovative policies and programmes implemented over the last two years have placed Ghana in a strong economic position and made the future very promising. The Nana Akufo-Addo government, according to Vice President Bawumia, has undertaken major […]
Veep Dr. Bawumia rejects claims BoG injected $800 million Cedi to save Cedi depreciating
Vice President Dr. Mahamudu Bawumia says the Bank of Ghana (BoG) did not spend any reserves to revive the cedi following the initial depreciation. He dispelled rumours that the BoG injected about $800 million into the company to save the depreciating cedi. According to Dr. Bawumia, the continuous cedi depreciation at the end of March […]
The indicators show we’re doing better – Veep Dr. Bawumia
Vice President Dr. Mahamudu Bawumia, addressing a Town Hall on the economy, Wednesday, said virtually all the economic indicators are posting positive results – a stable macro-economic environment to support an inclusive transformation agenda to ensure social equity. The performance of the fundamentals, including the inflation rate, gross debts, Gross Domestic Product (GDP) growth, he […]
