July 19, 2023/World Bank A combination of domestic imbalances and external shocks in 2022, led to macroeconomic challenges in Ghana. The year was marked by currency depreciation, rising inflation, and tumbling investor confidence. Pre-existing fiscal vulnerabilities such as mounting debt burden, a rigid budget weakened by high energy sector costs […]
World News
China’s Growth to Remain Above Target as Recovery Momentum Fades
July 18, 2023/Fitch Ratings Recent data point to a swiftly fading rebound in China from the reopening at end-2022, but GDP growth should still remain above the 2023 government target of 5% as consumption normalises and policy support buttresses infrastructure investment, says Fitch Ratings. We expect growth to hold up […]
IMF Managing Director Kristalina Georgieva Urges G20 Leadership to Strengthen the Global Financial Safety Net
July 18, 2023/IMF International Monetary Fund Managing Director Kristalina Georgieva made the following statement today at the third meeting of the G20 Finance Ministers and Central Bank Governors in Gandhinagar, India: I would like to thank the Government of India for the generous hospitality and Minister of Finance Nirmala Sitharaman […]
