cedi terms,» he mentioned, adding that in order to engage in proper debt management, the government must consider all those things.
«If we factor in inflation (in both dollar and
cedi terms), exchange rate depreciation and other «time value of money considerations» such as interest differentials, the difference between the GHC20 billion Dr. Bawumia claims the NPP secured and the GHC248 billion he allocates to the NDC has to be adjusted.
Not exact matches
Section of Ghanaians are beginning to question government's assurance to address these age long challenges in the short to medium
term after the
cedi, which was relatively stable against major currencies the whole of last year; has depreciated by 6 percent in the last two months with dumsor also rearing its ugly head.
The three were handed four month jail
term and fines of 10,000
cedis each.
According to him, the relatively high interests on short
term debts estimated over 20 billion
cedis, has made it difficult to repay.
Interestingly, his successor, Kwaku Addae Antwi - Boasiako, cancelled the trip hours after his appointment, saying the company had not met certain conditions per the
terms of their mining lease, although thousands Ghana
cedi, had been paid to the Minerals Commission by Exton Cubic as fees.
Touching on the economy, the president said his government will ensure that the
cedi is stabilized and the inflation rate is decreased to a single digit in his second
term.
Government owes just 64 million Ghana
cedis for one
term of feeding grants to schools in the three regions of the north.
General News of Thursday, 17 May 2018 Source: Myjoyonline.com President Nana Addo Dankwa Akufo - Addo Government owes just 64 million Ghana
cedis for one
term of feeding grants to schools in the three regions of the north.