Ghana’s inflation unexpectedly slowed to 40.1 percent in August, sparking optimism for a potential interest rate cut. However, the Bank of Ghana must tread carefully to avoid premature moves that could reignite inflationary pressures, especially amid global uncertainties and ongoing economic vulnerabilities. Stability should remain the top priority to ensure long-term recovery.
Tag:
Economic stability
-
-
In April 2024, Ghana’s government borrowed GH¢15.60 billion via treasury bills, achieving lower yields amidst rising economic pressures and investor interest.
-
Financial News Ghana experiences a significant economic shift as inflation drops for the third consecutive month, hitting a 14-month low of 35.2% in October. The decline, revealed by the Ghana…
-
Finance In response to recent reports, Ghana’s Ministry of Finance clarifies misconceptions surrounding the International Monetary Fund’s (IMF) disbursement timeline, debunking false claims of a missed deadline. The Ministry refutes…