Capital Flows April 1, 2022/IMF Weekend Read (PHOTO: THAWEESAK SAENGNGOEN/ISTOCK BY GETTY IMAGES) Capital flows can help countries to grow and to share risks. But economies with large external debts can be vulnerable to financial crises and deep recessions when capital flows out. External liabilities are riskiest when they generate […]
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 […]
