Tag: Prof. Eric Osei Assibey
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Reduced policy rate must reflect in banks’ lending rate – Prof. Assibey
Economist, Professor Eric Osei Assibey, says banks must ensure that the reduction in the policy rate must impact the cost of credit to enable local manufacturers bridge the shortfall in the supply of some goods in the wake of the coronavirus pandemic. The Monetary Policy Committee (MPC) of the Bank of Ghana has reduced its…
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Leverage Moody’s positive rating to attract investments – Prof. Assibey to Gov’t
Economist, Prof. Eric Osei Assibey, has stated that government ought to take advantage of the country’s positive outlook ratings to attract more investments into the country. His comment follows Ghana’s recent improvement in the report of International Rating Agency, Moody’s, from a stable outlook to a positive one. Moody’s, based its rating on what it…
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Political will coupled with more tax revenue needed for fiscal stability — Economist
Ahead of election 2020, some key stakeholders in the economy have reiterated the need for political commitment to ensure Fiscal discipline (i.e an ideal balance between revenues and expenditure of government) in the short to medium-term. A key step to ensure such discipline came in the Fiscal Responsibility Act which was assented to by President…