Bawumia’s Economic “Logic” Lampooned
Former Deputy Minister of Information, Mr. Felix Kwakye Ofosu, commenting on the continuous depreciation of the cedi has sarcastically remarked that the Vice President’s economic logic is ‘shrewd’. He stated ...
Tag: DDEP
Ghana’s Banking Sector Sees Profit Rebound After DDEP Setback- BoG
The Bank of Ghana (BoG) has disclosed that Ghanaian banks profitability in 2023 indicates the sector’s rebound from the Domestic Debt Exchange Programme, which caused significant losses to the sector. ...
Economist Laments Minimal Impact Of DDEP On Government’s Expenditure
Economist, Prof Lord Mensah, has expressed disappointment in the minimal impact of the Domestic Debt Exchange Progamme (DDEP) on government's expenditure. According to him, government went into the debt exchange ...
Domestic Bondholders Restructure Strategy Won’t Apply To External Creditors
According to Professor John Gatsi, the Government of Ghana cannot employ the same strategy used with domestic bondholders to gain approval from external creditors for its debt restructuring. The government ...
Reliance on T-bills Unsustainable Despite IMF Assurances- Economist
The Director of the Institute of Statistical Social and Economic Research (ISSER), Professor Peter Quartey has warned that the government’s continuous reliance on short term instruments such as Treasury Bills ...
DDEP Having A Toll On Rural, Community Banks
Dr Tony Aubynn, Chairman of the Board of Directors of ARB Apex Bank, has disclosed that the government of Ghana’s domestic debt exchange programme (DDEP) has compounded the already fragile ...
BoG Charges Banks to Submit Capital Restoration Plans
Dr. Ernest Addison, the governor of the Bank of Ghana (BoG), has advised banks operating in the country to submit capital restoration plans for a progressive recapitalisation over a three-year ...
Gyampo Questions “Inordinate Fake Sense Of Urgency” For BoG’s New Headquarters
Political science lecturer, Prof Ransford Gyampo, has expressed misgivings about the intentions and reasons of the Bank of Ghana in building a new headquarters in Accra. According to him, the ...
DDEP Has Largely Contributed To BoG’s Performance- Dr Amoah
Senior finance lecturer at the University of Ghana Business School, Dr Benjamin Amoah, has justified Bank of Ghana's (BoG) abysmal performance to its participation in some activities, of which the ...
TUC To Consider “Superior” DDEP Proposed By Government
Secretary General of the Trades Union Congress (TUC), Dr Anthony Yaw Baah, has revealed that organised Labour has served notice that it will consider the “more superior” Domestic Debt Exchange Programme proposed ...
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