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Fitch Ratings in a podcast said Ghana’s international reserves position has become very reliant on Eurobond issuance. Indicating that, Ghana is not in a situation where the government needs to constantly roll over hard currency debt or whose debt market is wholly reliant on non-resident investors. In supporting the Fitch’s position, the University of Ghana economist noted that, a careful look at the template that Ghana sent to the IMF in 1965 under the watch of Dr Kwame Nkrumah, which is a reflection of what has been happening over the years, there’s only one thing left which is keeping us from going to the IMF right now and that has to do with the depreciation of the cedi.

“Additionally, the government mustencourage organic fertiliser producers through a purposeful and vigorous local production policy and subsidies to enhance production and protect smallholder farmers. In order for farmers to use local and indigenous methods to re-fertilise their soil, there must be alternatives to inorganic fertilisers such as composting and capacity building in biofertiliser formulation. Livestock and crop farming should be linked so that the livestock and crop farming can coexist, to ensure that the land is fertilised on a year-round basis with organic matter/biofertilisers. Implement deliberate policies that encourage farmers to grow staple crops (such as millet, maize, beans, groundnuts, yam and cassava) that require less amounts of inorganic fertilisers to grow.

The judgment regarding the issue of whether or not a deputy speaker  of parliament presiding can vote, the Supreme Court Justices concluded that the 138 members on the majority side including deputy speaker presiding  who voted to approve the 2022 budget was valid.  The implication is that the E-levy was passed on 30th November 2021. It also means the 2022 budget was fully approved.