but faster and more equitable growth needed to reduce poverty
Increased private consumption and declining inflation are supporting an economic rebound in sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt service obligations, frequent natural disasters and escalating conflict and violence, according to...
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU [email protected]/ [email protected]
The Treasury faces a potential hurdle in deficit financing as commercial banks, which hold over 35 percent of outstanding Treasury bills, are expected to gradually liquidate their holdings to fund credit creation, according to a note from GCB Capital.
The...
By Dr. Richmond ATUAHENE
Abstract
The present paper examines the issue of the current Ghana’s public debt crisis, its underlying causes and lessons for the present and the future. After providing a historical discussion, we show that the austerity of the last four years has been unsuccessful in stabilizing the debt...
GCB Capital predicts end of ‘free cash’ era for passive banking
but economist argues move not necessary
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU [email protected] / [email protected]
The real sector – businesses and households in the country – could be set for a significant boost with loans and...
Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU ([email protected]/ [email protected])
The Treasury suffered a pullback last week as investors' demand for Treasury bills (T-bills) fell by 43 percent, the market’s first under subscription in 17 consecutive weeks.
This marked a shift from the strong investor demand that had characterised the market...
By Samuel Tetteh TEI
As the world grapples with economic uncertainties, geopolitical tensions and shifting market dynamics, the imperative for countries to meticulously craft and execute strategic inward investment policies has never been more pressing. Inward investment policies and measures serve as the cornerstone of a country’s efforts to attract...
By Joshua Worlasi AMLANU
In a comprehensive update on Ghana’s debt restructuring programme, Finance Minister Dr. Mohammed Amin Adam has highlighted the government’s ongoing efforts to restore fiscal sustainability and foster economic recovery.
Speaking at a press briefing, the Minister emphasised the significance of upcoming discussions with bondholder representatives to advance...
By Joshua Worlasi AMLANU ([email protected])
The Monetary Policy Committee (MPC) of the Bank of Ghana has announced its decision to maintain the monetary policy rate at 29 percent, citing persisting upside risks to inflation.
Dr. Ernest Addison, Governor of the central bank, disclosed the rationale behind the decision during the 117th...
By Buertey Francis BORYOR
The Institute of Statistical Social and Economic Research (ISSER) of the University of Ghana has called for a review of the Special Drawing Rights (SDRs) allocation framework.
The SDRs is an international reserve asset created by the IMF to supplement the official reserves of its member countries.
ISSER proposed that...
By Kizito CUDJOE, Abidjan – Côte d’Ivoire
A policy analyst and advocacy officer in sovereign debt management, Shem Joshua Otieno, has raised concerns about Africa's financial challenges amid a persistently austere global economic landscape.
He lamented that as of 2024, the continent finds itself entangled in a web of debt, with...