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Latest Ghana Inflation Rate the Highest in 19 Years — Economist Recommends Installation of Currency Board

Post author:MiamiCrypto
Post published:August 16, 2022
Post category:cedi Currency Board Economics Economist Steve Hanke Ghana default Ghana IMF Ghana inflation Ghana Statistical Service International Monetary Fund President Nana Akufo-Addo

Ghana’s ongoing economic woes appeared to worsen in July after data from the country’s statistical agency, Ghana Statistical Service, suggested that the inflation rate is now nearly 31.7%. The nearly…

Ghana Ranked as Country With Second-Highest Debt Default Risk Globally

Post author:MiamiCrypto
Post published:July 21, 2022
Post category:bitcoin legal tender el salvador CDSS credit default swap spread Economics financial derivative gdp Ghana default government bond yield IMF inflation rate interest expense sovereign debt

According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps),…