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Ensure there is parliamentary oversight on government borrowing

Ensure there is parliamentary oversight on government borrowing
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Red flags IMF issued to Ghana under 17th bailout –

Red flags IMF issued to Ghana under 17th bailout –
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INSIGHTS FROM BOG GOVERNOR: UNPACKING PRE-COVID STABILITY AND POST-COVID CRISIS

INSIGHTS FROM BOG GOVERNOR: UNPACKING PRE-COVID STABILITY AND POST-COVID CRISIS
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Insights from BoG Governor: Unpacking pre-covid stability and post-covid crisis

On the macro side, we started off with a robust fiscal stance. From 2017 through to 2019, central bank financing of the budget was zero, even though the Bank of Ghana Act pegged it at 5% of the previous year’s tax revenue. In that context, inflation declined very quickly. Therefore, the monetary policy rate also came down, and growth rebounded strongly. This was the context for the first three years of the current administration.

BoG Governor shares insights on unpacking pre-COVID stability and post-COVID crisis –

BoG Governor shares insights on unpacking pre-COVID stability and post-COVID crisis –
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