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Ghana Statistical Service (GSS) is a government institution that is mandated to collect, collate, assess and disseminate official statistics in Ghana. It is also required to coordinate and...
Tag: National accounts
US, China Agree To Cooperate On Deficit In First Trade Talks Under…
The United States and China have agreed to cooperate on reducing the trade deficit in the first round of economic talks under the Trump administration, Washington said at the conclusion of the...
Canada Exports To US Hit Record High, Narrowing Trade Deficit
Canada's trade deficit narrowed in April to Can$370 million (US$274 million), as exports to the United States hit a record high, the government statistical agency announced Friday. The results were...
US Trade Deficit Widens In April
The US trade gap widened in April for the second straight month as Americans bought more imported consumer goods, the Commerce Department reported Friday. Despite falling oil imports and crude...
Trade Surplus Doubles To US$1.2bn In April
Export proceeds in the first four months of the year overtook imports by 30.2 per cent, resulting in a balance of trade (BOT) surplus of US$1.15 billion within the period. This means the country sold...
German Economic Growth Speeds Up
Higher consumer spending has helped to boost growth in the economy Germany's economy grew strongly in the first three months of this year, driven by investment and consumption, official figures show....
BoG Clarifies Position On Bauxite Exports
The Central Bank has reacted to recent media reports which suggested that proceeds from Ghana’s bauxite exports in 2015 was not captured in its 2015 Statements of Foreign Exchange Receipts and...
Ghana’s Trade Account Improves – Bank of Ghana
The Bank of Ghana says the country’s trade account has improved, citing provisional data on the trade account during the first two months of 2017. The Monetary Policy Committee Summary for March...
Is Trump Wise To Take On China Over Trade?
US President Donald Trump has said that trade negotiations with China will be "very difficult" when he meets President Xi Jinping in Mar-a-Lago, Florida, on Thursday. Trade will be one of two key...
Kwesi Pratt Defends Opuni Over GHC70,000 Salary
Managing Editor of the Insight Newspaper, Kwesi Pratt Jnr. has jumped to the defense of the former COCOBOD CEO, Dr. Opuni Frimpong over his GHC70, 000 monthly salary. He could not fathom why some...
Japan’s February Trade Surplus Hits Multi-Year High
Japan's trade surplus hit a multi-year high in February, government data showed Wednesday, as exports to China rebounded after a Lunar New Year lull. The value of Japan's total shipments abroad rose...
Ghana Records Balance of Payment Surplus
Ghana has for the first time since 2011 recorded a balance of payment (BoP) surplus of $247 million, compared to a deficit of $129 million in 2015, the Minister of Finance, Mr Ken Ofori-Atta has...
US Trade Deficit In January Largest Since 2012
The US trade gap shot up at the start of the year to hit its highest monthly level in almost five years, the Commerce Department reported Tuesday. The data showed trade was robust, with exports and...
Trade Deficit Threat To National Security
The Trump administration's top trade advisor said Monday US trade deficits are a threat to national security that could cause the loss of American freedom and prosperity. Outlining an...
Isaac Adongo’s Falsehood Must Be Checked
I have noted that right after the reading of the 2017 budget statement, the NDC star man in recent times on matters of economics, Hon Isaac Adongo, MP for the Bolga Central constituency has been...
‘You Are Different From Bawumia’
The Minority in Parliament has lauded the performance of Finance Minister Ken Ofori-Atta in the presentation of Thursdays 2017 budget, describing it as propaganda free. Minority leader Haruna Iddrisu...
China Steams Past U.S., France To Be Germany’s Biggest Trading Partner
China for the first time became Germany's most important trading partner in 2016, overtaking the United States, which fell back to third place behind France, data showed on Friday. German imports...
NDC 2016 GDP Worst In 22 Not 23 Years
Former deputy Finance minister Ato Forson has criticised President Akufo-Addo for failing to stick to the facts in his State of the Nation Address delivered last Tuesday. Debating the address in...
Smith-Graham’s Resignation Could Threaten Sustainability of Single Spine – ICU
The Industrial and Commercial Workers Union (ICU) is expressing worry over the sudden resignation of CEO for Fair Wages and Salaries Commission, George Smith-Graham. The union describes his exit as a...
Over 200 Vehicles Missing From Presidency – Eugene Arhin
Government has justified the formation of the task force set up to retrieve all state assets from former government office indicating over 200 vehicles cannot be found. Speaking exclusively to TV3,...