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    Black Stars Drops In Latest FIFA Ranking

    2022 World Cup: GFA declares $7.9m prize money instead of $9m

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    Ghana’s Discussions With External Creditors Ongoing – IMF

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    Middle East war could spark global recession -Experts

    Banks invested more than $150bn in to ‘carbon bomb’ projects in 2022 -Guardian

    Banks invested more than $150bn in to ‘carbon bomb’ projects in 2022 -Guardian

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    Bank man-Fried plans to testify in his New York fraud trail

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    Tyler Perry Is My Role Model – Jeffrey Nortey

    Tyler Perry Is My Role Model – Jeffrey Nortey

    I Was Once A Teacher – Diana Asamoah

    I Was Once A Teacher – Diana Asamoah

    A woman accused Jamie Foxx of sexual assault in NY bar in 2015 but the actor says “never happened”

    A woman accused Jamie Foxx of sexual assault in NY bar in 2015 but the actor says “never happened”

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    Shakira avoids prison for tax offences amid deal

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    Popular Musician Marries 30 Women In A Day

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    ‘Finally, I Can Get A Husband’ – Ahuofe Patricia

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    India: Chandrayaan-3 spacecraft lands on moon

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    The Gospel According To St George – Ocassional Kwatriot Kwesi Yankah Writes

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    He is falling from the skyscraper -Elizabeth Ohene

    He is falling from the skyscraper -Elizabeth Ohene

    I Asked My Husband To Resign Many Times – Late Amissah Arthur’s wife

    I Asked My Husband To Resign Many Times – Late Amissah Arthur’s wife

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    Unmasking Medi Ghana: The Unraveling of a Microfinance Fraud

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    Obra Show: Lady Fights Man For Buying Mentally Ill Dad’s 2-Storey Building For GH¢150K

    The telltale signs there are BEDBUGS in your hotel room… and how to make sure you don’t bring them back from your holiday

    The telltale signs there are BEDBUGS in your hotel room… and how to make sure you don’t bring them back from your holiday

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    For Men: If You Are Having Sex With A First-Timer This Is What She Wants You To Do

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    Ex Black Stars Coach CK Akonnor’s Son Wins Under 17 World Cup With Germany

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    betPawa Announces New Focus Of Partnership With GFA

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Mahama to speak on ‘collapsed economy, unprecedented hardship’ on Thursday

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NDC can win 2024 elections but not with Mahama – EIU
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Former President John Dramani Mahama will this Thursday, October 27, 2022, be speaking on the current economic situation of the country.

This was disclosed by the Communications Officer of the National Democratic Congress (NDC), Sammy Gyamfi via Twitter.

The address will touch on what the party says is “Ghana’s collapsed economy and the unprecedented hardships sweeping across the land”.

It will come off at 7pm.

John Mahama speaks on Ghana’s collapsed economy and the unprecedented hardships sweeping across the land and the way forward on Thursday 27th October at 7pm.

— Sammy Gyamfi (@SammyGyamfi_) October 24, 2022

Just last week, the former President asked Ghanaians to keep hope alive as the country’s economy continues to take a nose dive.

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That comment followed the death of a man who committed suicide by electrocution on a high-tension pylon in Kasoa in the Central Region.

Ghana’s economic indicators keep worsening. The Ghana cedi for instance has seen a huge depreciation as it has lost close to 50 percent of its value since the beginning of the year.

Bloomberg has also rated the currency as the worst-performing worldwide after considering a basket of 148 currencies around the world. Currently, the cedi is selling at over GH¢12.00.

Ghana’s inflation for September 2022 stands at 37.2 percent while Producer Price Inflation for the same month has risen to 45.5 percent putting majority of Ghanaians in a tight situation because their purchasing power keeps reducing amidst poor salaries.

Prices of food items are high, coupled with increasing cost of transportation.

On the labour front, workers are demanding better working conditions. Manufacturers are also adopting ways to cut down on operations in the wake of these economic difficulties.

There are ongoing discussions between the government of Ghana and the International Monetary Fund (IMF) for a US$ 3 million bailout to salvage the economic downturn.

But President Nana Akufo-Addo has asked Ghanaians to have faith in him to change the country’s current ailing economy.

Nana Akufo-Addo said he has kept faith in God, and he is optimistic God will help him change the current economic woes.

Addressing congregants at the St. Mark Anglican Church during the inauguration of the Kyebi Archdeaconry to begin the final day of his 3-day tour of the Eastern Region, President Nana Akufo-Addo said Ghana’s current economic challenges will soon be over.

“Let’s keep our faith in God and let’s trust God to use me to turn the fortunes of the nation around. Don’t lose your faith in me. Keep believing me, know that this too shall pass.”

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