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Economy is growing below potential – IEA

Economy is growing below potential – IEA

by Harry Buadu | Nov 7, 2024 | Blogs, IEA in the News

The Institute of Economic Affairs (IEA) has alluded that Ghana’s economy is generally growing below its potential due to several factors. This includes low public investments, macroeconomic instability and the high cost of doing business. In its latest bi-monthly...
Cedi depreciates 74% to dollar in past 3 years; faces further risk – IEA

Cedi depreciates 74% to dollar in past 3 years; faces further risk – IEA

by Harry Buadu | Nov 6, 2024 | Blogs

The Ghana cedi has lost about 74% of its value against the dollar over the past 3 years, the Institute of Economic Affairs has disclosed. The local currency depreciated by 30.0% in 2022 and 27.8% in 2023.  It has so far in 2024 lost almost 29% to the American...
Inflation: Ghanaians spend about 43% of their monthly budget on food alone – IEA

Inflation: Ghanaians spend about 43% of their monthly budget on food alone – IEA

by Harry Buadu | Nov 6, 2024 | Blogs

Inflationary pressures have intensified in recent times, leading to a general increase in the prices of goods and servicesThe Institute of Economic Affairs, in its latest Economic Outlook for SeptemberOctober 2024, noted that the current rate of inflation suggests...
IEA proposes reforms to protect natural resource

IEA proposes reforms to protect natural resource

by Harry Buadu | Oct 22, 2024 | Blogs, Press Releases

In a press release dated October 21, 2024, IEA outlined two key proposals aimed at reforming resource governance and reducing corruption. First, they suggest amending Article 257(6) of the Constitution which currently vests Ghana’s natural resources in the president....
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About IEA Ghana

The Institute of Economic Affairs is Ghana’s premier public policy think-tank, with a 30-year track record of educating and influencing public discourse on economic, socio-political, and legal issues.

We are committed to the responsibility of delivering accessible and timely communications which propel positive change for the common good.

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