The global economy is projected to grow at 6 percent this year, moderating to 4.4 percent in 2022 after a contraction of –3.3 percent in 2020 The revised 6 percent growth projection follows an earlier growth projection of 5.5 percent by the IMF. According to the IMF, the contraction of the global economy for 2020

58 Replies As of today, the five year constant maturity Treasury yield has stabilized for the last month at about 0.9%. The inflation breakeven implied by the spread between Treasurys and TIPS has plateaued at 2.52%. After accounting for the estimated term premium and liquidity premium, the implied inflation rate is 1.90% . Figure 1. Five year inflation

The Minister designate for Finance, Mr Ken Ofori-Atta, has justified the need to introduce new taxes at a time Ghanaians are coping with the negative impact of the coronavirus disease. Responding to a question during his vetting on Thursday by the Appointments Committee of Parliament, Mr Ofori-Atta said it was necessary for Ghanaians to learn

The teams focused their efforts on a few of the highest-value S&OP levers in order to review the current planning process, identify gaps in the planning infrastructure and analytically understand demand and supply variability.

The Bank of Ghana (BoG) is exploring the launch of a Central Bank Digital Currency. This is according to the Second Deputy Governor of the BoG, Mrs Elsie Awadzi Addo. Speaking at the virtual regional capacity building workshop organized jointly by IMF’s AFRITAC West 2 and Monetary and Capital Markets Department (MCM), Mrs Awadzi Addo

The teams focused their efforts on a few of the highest-value S&OP levers in order to review the current planning process, identify gaps in the planning infrastructure and analytically understand demand and supply variability.

Chief Executive Officer of the Chamber of Independent Power Producers and Bulk Consumers (CIPDiB), Elikplim Kwablah Apetorgbor, has suggested to the Ghana Grid Company Limited (GRIDco) a solution to the incessant power outages witnessed across the Greater Accra Region. Calling on the management of GRIDCo to ensure that power transmission equipment are well upgraded with obsolete

The teams focused their efforts on a few of the highest-value S&OP levers in order to review the current planning process, identify gaps in the planning infrastructure and analytically understand demand and supply variability.

Banks in the country going forward are expected to pay 5 per cent of gross profits to government. The new directive contained in the 2021 Budget Statement and presented to Parliament on March 12, by Minister for Parliamentary Affairs, Osei Kyei Mensa-Bonsu, is to help defray outstanding commitments – locked up funds – in the

The collective debt of African countries according to the African Development Bank (AfDB), now stands at 70 per cent of the continent’s Gross Domestic Product (GDP). Speaking at the launch of the African Development Bank’s 2021 edition of its annual African Economic Outlook, President of the AfDB, Dr Akinwumi Adesina, called for a quick and