Tag: cedi depreciation

The latest decrease in fuel prices has been attributed to factors such as a drop in global crude oil prices

According to the 2024 United Nations report on Unpacking Africa’s Debt, over 80% of Ghana’s external debt is denominated in US dollars, making the country highly susceptible to exchange rate ...

The President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng, has painted a grim picture of the business climate in 2024, highlighting critical issues that have affected ...

Dr. John Kwakye, the Director of Research at the Institute of Economic Affairs (IEA), has expressed strong criticism of the Bank of Ghana (BoG) for its strategy of utilizing a ...

Dr. John Kwakye, Director of Research at the Institute of Economic Affairs (IEA), has expressed strong criticism toward the Bank of Ghana (BoG) for its complacency in projecting an inflation ...

Franklin Cudjoe, President of IMANI Africa, has voiced his disappointment in the Akufo-Addo administration's handling of corruption. He remarked that he had high expectations for President Nana Akufo-Addo, especially given ...

Franklin Cudjoe, President of IMANI Africa, has stated that he would never accept an invitation from any president or minister to serve on a committee or board unless they are ...

Hon. Richard Acheampong, MP for Bia East and Ranking Member of Parliament's Finance Committee has emphasized that the Central Bank and the Ministry of Finance have a duty to devise ...

In recent years, Ghana's economic landscape has been shaped by three persistent and interrelated issues: soaring inflation, rising interest rates, and the depreciation of the cedi or forex rate. These ...

Alan Kwodwo Kyerematen, Founder and Leader of the Movement for Change (MFC), has attributed the Ghana Cedi's depreciation to deep-seated systemic flaws and a crisis of confidence in the economy, ...