Page 17 - Bright Simons News Today : Breaking News, Live Updates & Top Stories | Vimarsana

After losing a by-election, the opposition NDC is crafting its campaign on government failure ahead of next year's elections, The IMF approval of a US$3 billion bailout to support Ghana's ailing economy is being held up as a victory by the governing New Patriotic Party (NPP), but it is also an embarrassing U-turn, especially for Finance Minister Ken Ofori-Atta. A year ago, he was resisting any recourse to the fund but then lost the argument in cabinet as opposition MPs pressed for his dismissal.

Slowing inflation and a strengthening cedi after the IMF credit will help the ruling party’s election campaign, Ghana's US$3 billion bailout deal with the International Monetary Fund will not be painless, and comes with demands for a diet of structural reforms and spending cuts. Key priorities cited by the Fund include 'frontloaded' fiscal consolidation measures to cut spending and boost revenue, energy and cocoa sector reforms, and policies to tackle inflation and increase exchange rate flexibility. Alongside this are measures to ensure financial stability, and boost growth, investment and ...

Bright Simons, Vice President at the IMANI Africa Policy think tank has reacted to the results of the Kumawu by-election, which saw the ruling New Patriotic Party NPP emerge victorious despite raising dissatisfaction with the government.

The Vice President of IMANI Center for Policy and Education, Bright Simons, has said the ruling New Patriotic Party NPP faces real pressure to hold on to its Kumawu parliamentary seat in the upcoming by-election.

Approved a $3 billion bailout programme aimed at boosting gha na's economy. the country has been battling its worst economic crisis in a generation, hit with soaring inflation, high debt, and a devaluing currency. but it was one of the continents rising economic stars — as a major global producer of commodities like gold and cocoa. so what's gone wrong? bright simons is a ghanaian entrepreneur and business analyst and joins us now. thank you for being with us. let me put that question to you first of all. what went wrong with the big economic dream that ghana was doing pretty well? it econom...