For God did not send his Son into the world to condemn the world, but to save the world through him. (John 3:17) .... ...
For God did not send his Son into the world to condemn the world, but to save the world through him. (John 3:17) .... ...
John Sosu Napukagu 1 month ago
Given our present inflation rate of 3.8% our borrowing rate from the banks and fintechs should be around 6 to 10 % PA.
But ours hover between 24% and 48% PA.
If you check developed countries inflation rates and lending rate ... read full comment
Given our present inflation rate of 3.8% our borrowing rate from the banks and fintechs should be around 6 to 10 % PA.
But ours hover between 24% and 48% PA.
If you check developed countries inflation rates and lending rates the disparity is not that so much.
Please governor of Bank of Ghana check and reset the Banks Reference Rate mechanism..
There is something basically wrong somewhere.
For God did not send his Son into the world to condemn the world, but to save the world through him. (John 3:17) .... ...
Given our present inflation rate of 3.8% our borrowing rate from the banks and fintechs should be around 6 to 10 % PA.
But ours hover between 24% and 48% PA.
If you check developed countries inflation rates and lending rate ...
read full comment