Chartered economist accuses NPP of depleting buffers for maintaining cedi stability

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Trump Snr 1 year ago

Oyiwaa! Who are the better economic managers

Oyiwaa! Who are the better economic managers
Kobby11_11 1 year ago

This 'chartered accountant' needs to chill. First and foremost, how does a collateral get depleted when there hasn't been a default and the creditor hasn't fallen on the collateral to redeem the credit? I simply don't get wha ...
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This 'chartered accountant' needs to chill. First and foremost, how does a collateral get depleted when there hasn't been a default and the creditor hasn't fallen on the collateral to redeem the credit? I simply don't get what BOT is saying. If those funds have been used as collateral, I can understand, but to say they have been depleted, oh please. He is a professional, and he shouldn't be disingenuous just because of politics of hatred.
Owusu Lad 1 year ago

Technically speaking, he is right. Collateral lockup signifies the locking up of hard currency (in this case) which would have been used to stabilise the local currency but which they are unable to use any longer and for the ...
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Technically speaking, he is right. Collateral lockup signifies the locking up of hard currency (in this case) which would have been used to stabilise the local currency but which they are unable to use any longer and for the unforeseeable future. So, essentially the funds to be used for stabilisation of the local currency have been depleted.
Hannan 1 year ago

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Tamale bongo 1 year ago

False reporting and misinformation. This is similar to fifi kwetey saying president kufuor had stolen all the gold at bank of Ghana

False reporting and misinformation. This is similar to fifi kwetey saying president kufuor had stolen all the gold at bank of Ghana

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Chartered economist accuses NPP of depleting buffers for maintaining cedi stability

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