Coronavirus: Government Expenditure Hits Record GH¢92.2 Billion in 2020 – Report

Government total expenditure for last year rose by 31.5% to hit a record GH¢ 92.2 billion due to the impact of COVID-19 but comes with a greater cost to the economy. According to Fitch Solutions, the research arm of the international rating agency, Fitch, the huge increase in government spending as a result of the impact of COVID-19 on the economy, expanded the financing gap by far. It is expected that the fiscal deficit ended the year by a little over 13% of Gross Domestic Product. But that was as a result of COVID-19 spending in which government provided stimulus package in the form of subsidies and direct supports for local households.

Ghana ranked 9th African country with largest Chinese debt

Ghana has been rated as one of the countries on the African continent that is greatly indebted to China. China over the past few years has recognized itself as one of the world’s economic giants and as such the Asian country has become one of the biggest lenders to the world’s poorest continent, Africa.

We’ll reciprocate if you move Accra-London flights to Gatwick – Gov't to British Airways

The Aviation Ministry has opposed to British Airways’ (BA) decision to change Accra-London flights from the Heathrow Airport to Gatwick. In a correspondence to an earlier objection to the Airline, the Ministry had showed that no consultation had been made to arrive at the move and found it biased for a decision to be made in its current unilateral nature. This means all London-Accra-London bound BA flights will originate and terminate at the London Gatwick Airport from the end of March 2021. According to the government, the move forms part of a number of unsatisfying conduct and service rendered Ghanaian passengers on BA’s watch.

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