We intend to reduce inflation rate to 8% - Minister of Finance-designate
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This article is closed for comments.
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cutting unnecessary expenditure, reducing size of Govt and support staff, avoiding undertaking politically motivated projects that do not rake in income and keeping an eye on procurement to institutions including.. the presid ...
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You can artificially bring it to 8% but the pricess in the markets will expose you.
Eiii Ghana we don't die finish,AtobFirsin as finance minister????
Sounds good. Bold decisions required. I have confidence in you to turn things around.
When the previous govt wanted to restrict importation of certain goods you openly opposed that policy only to turn back to pick that same policy. Aaba NDC and their politricks!!
May the Lord help you to change the face of the Economy, if the dollars come down, every others items will follows, at least 4 CEDI's to 1 dollar.
Who is complaining about the depreciation of the cedi
May God be our Helper. The unstable nature of the Cedi has allowed both Ghanaians and foreign traders to take us for granted. They increase prices of goods and services arbitrarily. When President Mahama left office in 2016 t ...
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Some Ghanaians are very bad by nature and you can never change them.
I believe with determination and discipline the needed changes will be achieved.
Look at what happened recently about creating artificial power outage ...
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Yawu.
Did he talk about inflation or depreciation? The two are different. Try reducing inflation but for depreciation time will tell. Depreciation sometimes is intentional, and the experienced financial people will tell him later.
The minister designate.is only rehashing what World Bank said in 2024. That Ghana will experience single digits inflation in 2026.
This will not be the minister's effort.
Who creates the problem in the first place?
Morkola economics ,you reduce imports to consume what ? Our economy consumptions 95. % depend on imports, how do you fill the gap when you reduce imports .Treasury bills and and bonds are excellent tools to regulate the econ ...
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Talk is cheap
Taking strong expenditure measures without regard to boosting domestic real productivity will lead us nowhere. The realistic way to mitigate the ineffectiveness of the normal way of addressing the incessant shocks from extern ...
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Very well, but note that intentions are not deeds. We are waiting to see.
So u don't intend to stop it but to reduce it. Our leaders are just a serious joke.
Is that news? IMF has assured us that if we follow their program we will hit single digit by 2026.