Ghana news briefing
Let’s reconsider 15-month reserves target; rather spend on electricity infrastructure, roads – US-based economist
Dennis Nsafoah The government has been advised to reconsider the 15-month reserves target since it is depriving the nation of domestic capital investments to stimulate economic growth.
Nsafoah, who is also a member of the Research Committee of Tesah Capital, argued that Ghana does not need to choose between stability and development However, he said that the Ghana Accelerated National Reserve Accumulation Policy (GANRAP) should not be abandoned.
He disclosed this in a paper titled “Why Is Ghana Cutting Capital Expenditure to Pursue Reserves Far Above the IMF’s Adequacy Benchmark?
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
