OPINION/EDITORIAL

Ghana Q1-22 Macro Update: Fiscal Consolidation to Support Reduced Deficit Expectations

April 1, 2022/Cordros Report In Q1-22, investors’ concerns about the Ghanaian macroeconomy were primarily centred on fiscal policy, given rising fiscal slippages. In addition, we highlight that Fitch and Moody’s sovereign credit downgrade aggravated the concerns. Meanwhile, the country’s headline inflation maintained its uptrend just as the pressure on the […]

Biden’s SPR Release Sends Oil Prices Below $100

President Joe Biden of the United States of America (USA). Image Credit: OilPrice.com April 1, 2022/OilPrice.com The unprecedented decision by Biden to release 180 million barrels of oil from the country’s strategic petroleum reserve over the next six months has sent oil prices below $100. While plenty of upside risks […]

Europe’s Job Retention Schemes Contained Unemployment, But Challenges Remain

A woman serves food in the Latin Quarter of Paris. The unemployment rate in France is now below pre-pandemic levels. IMF Country Focus By IMF European Department March 30, 2022 Read the Departmental Paper The IMF and Europe COVID-19 caused the most severe shock to the European economy for at […]