The Finance Minister recently presented and read the budget proposal for Ghana going into 2026. Headlines have been filled with the different things contained in the budget. Today, you read that the budget has made provision for this group, or has taken this tax off, or has even made changes to an existing tax. Whatever…
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Ghana got a good grade?
Image by wayhomestudio on Freepik OPE, it’s a new week! Guess what I’m seeing in the headlines? Something about S&P giving Ghana a grade. “S&P upgrades Ghana’s credit rating from ‘CCC+/C’ to ‘B-/B”. I mean, I know a country does not go to school, but what does it mean for me? No, no, it’s not…
Breaking Down the GoG’s 13% T-Bill miss
Image by wayhomestudio on Freepik OPE, news headlines are telling me the Government misses the T-Bill target by 13% as yields edge up across tenors, the Government falls short of the T-Bill target by 13% despite full bid acceptance. OPE, the thing is, I have invested some money into Treasury Bills, too. December is coming,…
BoG to cut Policy Rate?
image by wayhomestudio on freepik.com OPE, what’s going on? Should I be concerned?Oh no, you shouldn’t be concerned at all. It’s good news! As part of its job description, the Bank of Ghana (BoG) has to make sure that inflation can be controlled. But how does it achieve that? I mean, the BoG employees cannot…
IMF’s $380 Million for Ghana: What’s the Money Really For?
Some News outlets reported earlier this week that Ghana is likely to pass the IMF’s 5th programme review in December. Passing the IMF’s 5th programme means Ghana unlocks another $380 million disbursement. Disbursement for what? What is the IMF and What Does It Do? Let’s go back a bit so you can understand what is…
Inflation is down, why same price?
Image by benzoix on Freepik Charley, this was the question I asked a market woman when I stepped out to buy some foodstuffs from the market. You remember back in December 2022, when inflation was around 54%? I remember it really well because that was when a usual bag of 35 cedis rice suddenly doubled…
Have you seen… One Page Economics?
Let’s start If you ask me what the economy is, my response will most definitely be along the lines of: The economy is what we see around us. It involves the buying and selling of goods and services. It includes what we produce, the work we do, the salaries we earn, the prices of goods…