By Toma Imirhe The Bank of Ghana has put its aggressive monetary easing cycle on hold, with its Monetary Policy Committee (MPC) deciding last week to maintain the benchmark Monetary …
Domestic Debt Exchange
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Economy and FinanceLifestyleNews
Government transferring burden to Ghanaians – Economist
by Adnan Adamsby Adnan AdamsSenior Lecturer at the University of Ghana Business School (UGBS), Dr. Agyapomaa Gyeke-Darko has described the call by the Minister of Finance, Ken Ofori-Atta, for burden sharing as burden transfer. …
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Economy and FinanceNewsTechnology
DDEP to weigh on balance sheet of banks – Fitch Solutions
by Adnan Adamsby Adnan AdamsThe Domestic Debt Exchange Programme is likely to weigh on the balance sheets of banks in Ghana and consequently reduce credit to the private sector, Fitch Solutions has revealed in …
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Agric and EnvironmentEconomy and FinanceNews
IMF bailout to be ready before end of 1st quarter
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The government is likely to receive International Monetary Fund’s (IMF) approval before end of first quarter this year. The Fund’s recent comment gives high hope …
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Economy and FinanceNews
Alex Mould diagnoses the Ghanaian economy and the resultant DDE
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Ghanaians are facing a period of economic harshness never experienced after the periods of the military junta in 1980’s. While inflation is beating about three …
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Economy and FinanceNewsTechnology
Ghana’s Debt Exchange to affect domestic, regional banks.. as Fitch warns of downgrades of more banks
by Adnan Adamsby Adnan AdamsInternational rating agency, Fitch, is warning of more rating downgrades of African banks in 2023 as Ghana’s debt restructuring is expected to affect both domestic and regional banks. According …