President Mahama Swears In Dr. Alhassan Iddrisu as Government Statistician
Key among his priorities is the fast-tracking of the rebasing of the Consumer Price Index (CPI) to improve the quality of inflation data and extending CPI reporting to the district level to support government's decentralisation agenda.
He also pledged to produce inflation data on a rural-urban basis to capture price dynamics across different parts of the country.
On economic data, Dr. Iddrisu announced plans to rebase Ghana's Gross Domestic Product (GDP) every five years, a significant improvement on the current ten-year cycle, and begin producing regional GDP figures to inform local policy decisions. Additionally, he hinted at the introduction of Monthly Indicators of Economic Growth (MIEG) to complement the Bank of Ghana's Composite Index of Economic Activities (CIEA).
Addressing employment statistics, Dr. Iddrisu revealed plans to regularise the production of quarterly employment and unemployment data to better track labour market trends, job creation under government flagship programmes, and youth unemployment rates.
'With the enduring support of the President, the Honourable Finance Minister, our development partners, and the good people of Ghana, I am committed to working with the exceptional team at GSS to position our Service as a world-class institution and a trusted pillar in Ghana's development journey,' Dr. Iddrisu affirmed.
Dr. Alhassan Iddrisu, a seasoned economist and statistician, brings to the role extensive experience in macroeconomic management, public policy, and data analysis. His appointment marks a new chapter for the Ghana Statistical Service as it seeks to reposition itself as a beacon of excellence and a driver of national development through evidence-based decision-making.
Distributed by APO Group on behalf of Ministry of Finance - Republic of Ghana.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Gulf Today
3 days ago
- Gulf Today
Masdar, Iberdrola achieve financial close for €5.2 billion East Anglia THREE Offshore wind project
Masdar, a global clean energy leader, and Iberdrola, one of the world's largest energy companies, today announced they have reached financial close for the 1.4-gigawatt (GW) East Anglia THREE offshore wind farm, in one of the biggest offshore wind transactions this decade. Project financing facilities totalling £3.6 billion (€4.1 billion) have been secured with 23 banks and the Danish Export Credit Agency (EIFO), in one of the biggest such transactions in the sector and the largest ever by Masdar. The financing will cover a substantial part of the total project costs, estimated at approximately €5.2 billion. The facility was oversubscribed by more than 40 percent, reflecting lenders' confidence in the project's fundamentals and the robustness of the partners. Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar, said, 'The level and profile of investor interest in this financing deal – the largest we have ever signed at Masdar – reflects our position as a global leader in sustainable finance and investor appetite for high-quality renewable energy assets that deliver impact at scale. Today's announcement represents a significant step forward in our partnership with Iberdrola – and in the UK's clean energy journey, supporting the nation in meeting its energy transformation objectives. We look forward to collaborating further with Iberdrola on other gigawatt-scale greenfield projects that will help shape the future of clean energy in the UK and beyond.' Masdar and Iberdrola announced their co-investment in East Anglia THREE this month, with each party taking a 50 percent stake and having co-governance of the 1.4GW asset, which will be pivotal in advancing Europe's ambitious offshore wind development targets. Located off the Suffolk coast in the UK, East Anglia THREE will become one of the world's two largest offshore wind farms when it comes into operation in Q4 2026, delivering enough clean energy to power 1.3 million British homes. The project benefits from long-term revenue security through a 15-year CPI-linked Contract for Difference (CfD) awarded in the UK Government's AR4 and AR6 auctions, as well as a Power Purchase Agreement (PPA) with Amazon signed in 2024. Over 2,300 jobs are expected to be created during construction, with 100 long-term roles supported across its lifetime. The co-investment in East Anglia THREE marks a significant milestone in the €15 billion strategic partnership Masdar and Iberdrola signed in December 2023 – one of the largest ever bilateral alliances in the global clean energy sector – to accelerate clean energy deployment across key markets including the United Kingdom, Germany, and the United States. The participating banks in the East Anglia THREE financing are: BBVA, HSBC, ING, NatWest, SMBC, MUFG, Bank of China, Crédit Agricole, CaixaBank, Santander, BNP Paribas, Helaba, Barclays, ANZ, Rabobank, FAB, ICO, Abanca, Kutxabank, Standard Chartered Bank, Bank of Ireland, CIC and Siemens Bank. Crédit Agricole CIB and MUFG acted as financial advisors for the transaction, and A&O and Shearman acted as legal advisor to the borrower. WAM


Al Etihad
3 days ago
- Al Etihad
Masdar and Iberdrola's East Anglia THREE Offshore Wind Project secures £3.6 billion in financing
24 July 2025 14:06 ABU DHABI (ALETIHAD) Masdar, a global clean energy leader, and Iberdrola, one of the world's largest energy companies, have announced the financial close for the 1.4-gigawatt (GW) East Anglia THREE offshore wind farm. This significant transaction marks one of the biggest offshore wind deals of the decade. The project has secured approximately £3.6 billion (€4.1 billion) in financing from 23 banks and the Danish Export Credit Agency (EIFO). This makes it the largest financing facility ever signed by Masdar and one of the biggest for offshore wind globally to date. The financing facility was oversubscribed by more than 40%, demonstrating strong lender confidence in the project and its partners. The total project costs are estimated at approximately €5.2 Jameel Al Ramahi, Chief Executive Officer of Masdar, highlighted the significant investor interest, stating it "reflects our position as a global leader in sustainable finance and investor appetite for high-quality renewable energy assets that deliver impact at scale".He added that the announcement is a crucial step forward in their partnership with Iberdrola and in the UK's clean energy off the Suffolk coast in the UK, East Anglia THREE is set to become one of the world's two largest offshore wind farms when it commences operations in Q4 2026. It is expected to generate enough clean energy to power 1.3 million British and Iberdrola co-invested in the project earlier this month, each holding a 50% stake and sharing co-governance of the asset. The project benefits from long-term revenue security through a 15-year CPI-linked Contract for Difference (CfD) awarded in the UK Government's AR4 and AR6 auctions, as well as a Power Purchase Agreement (PPA) with Amazon signed in 2024. Over 2,300 jobs are anticipated during the construction phase, with an additional 100 long-term roles throughout its operational co-investment is a key milestone in the €15 billion strategic partnership established between Masdar and Iberdrola in December 2023. This alliance, one of the largest bilateral partnerships in the global clean energy sector, aims to accelerate clean energy deployment across vital markets including the United Kingdom, Germany, and the United States. Twenty-four leading credit institutions have committed financing, including BBVA, HSBC, ING, NatWest, SMBC, MUFG, Bank of China, Crédit Agricole, CaixaBank, Santander, BNP Paribas, Helaba, Barclays, ANZ, Rabobank, FAB, ICO, Abanca, Kutxabank, Standard Chartered Bank, Bank of Ireland, CIC, and Siemens Bank. Crédit Agricole CIB and MUFG served as financial advisors, while A&O and Shearman provided legal counsel to the borrower.


ARN News Center
6 days ago
- ARN News Center
V.S. Achuthanandan, Kerala's former CM, dies at 101
A towering figure in Indian politics, Achuthanandan served as Kerala's chief minister from 2006 to 2011 and was the state's longest-serving leader of the opposition, holding the post for a total of 15 years. A founding member of the CPI(M) party, he played a key role in shaping Kerala's political and social landscape over several decades. The party paid tribute, calling him "a voice of the voiceless and a lifelong champion of the working class." Achuthanandan's political career was marked by grassroots activism, trade union leadership, and a reputation for integrity and simplicity. He had withdrawn from public life in 2019 following a stroke and spent his final years under care at his son's residence. Kerala has declared three days of state mourning, with flags flying at half-mast and public institutions closed in tribute to the late leader. A glorious era of revolutionary will and persistence comes to an end with the passing of our beloved Comrade V. S. Achuthanandan. His life - an illustrious saga of struggles like Punnapra-Vayalar, leadership of toiling agricultural workers, unwavering commitment as an organiser,… — Pinarayi Vijayan (@pinarayivijayan) July 21, 2025