July 20, 2023/CSL Research Based on media reports, the three tiers of government will be sharing a total of N1.959trn in July 2023. This is c.149% higher than the N786.161 billion shared in June and c.199% higher han N655.93 billion in May. Allocations are usually shared from the preceding month’s […]
OPINION/EDITORIAL
Ghana’s Economy Expected to Recover Its Potential By 2025, says World Bank Report
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 […]
Emerging Market Economies Bear the Brunt of a Stronger Dollar
(Credit: Dilok-Klaisataporn/iStock by Getty Images) July 19, 2023/IMFBlog By Rudolfs Bems and Racha Moussa The US dollar’s strengthening last year to a 20-year high had major implications for the global economy. We examine these spillovers from the currency’s appreciation in our latest External Sector Report. Building on recent research by Maurice Obstfeld and Haonan […]
