2025 Economic Outlook: Cedi projected to close year at GH¢17.70 to $1 - Report

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• Hannan 11 months ago

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• Tamale North Boy 11 months ago

  Sure? 20 cedis is projected for March 2025

  Sure? 20 cedis is projected for March 2025

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• @etwe ba 11 months ago

  Can you please stop talking about foreign direct investments? This is the major problem of our economy. You think it does us good, but thats an archaic thinking. In 2025 , FDi does more harm to a country like Ghana. Think ab ...
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  Can you please stop talking about foreign direct investments? This is the major problem of our economy. You think it does us good, but thats an archaic thinking. In 2025 , FDi does more harm to a country like Ghana. Think about it. They repatriate all their profits in dollars; more pressure on our currency . They make money in our country and take it away. The focus should be on opening, sustaining , strengthening and promoting local businesses . When Ghanaians make money, the money remains here. It is re invested here. This remains one of the best ways to truly stabilize our currency or even have it appreciate against the dollar . Not FDIs.
  
  How many jobs does FDIs give us in a year anyway? In 2023 , FDI net inflows stood at 1.7275% of Ghana’s GDP. Only 1.7% of our GDP!!! According to the GIPC, in the first half of 2024, FDI projects amounted to 179million dollars which was projected to create 8500 jobs when fully operational. These numbers are really nothing to celebrate . When we strengthen and promote local businesses, tons of new jobs will be created; jobs way more than this within a year. Spare parts dealers will open more branches and employ more hands; same as the bakeries etc. And ultimately at the end of the year , profits from these businesses will remain in Ghanaian banks ; not exchanged into dollars and paid to an offshore account

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• Fireman 11 months ago

  Nana Addo and his squard has successfully destroyed this bright country which had great prospects. Greedy bastards

  Nana Addo and his squard has successfully destroyed this bright country which had great prospects. Greedy bastards

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• Yaw 11 months ago

  What was the state and size of the economy when Akufo Addo took over in 2017? Let’s stop these baseless assertions. Does this economy look like a broken economy? We’re queuing for gas/petrol in 2016 amid an ongoing dumsor ...
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  What was the state and size of the economy when Akufo Addo took over in 2017? Let’s stop these baseless assertions. Does this economy look like a broken economy? We’re queuing for gas/petrol in 2016 amid an ongoing dumsor; economic growth was on a downward trend and the currency in free fall. Is that the situation today?

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• .mr amin 11 months ago

  In China one would be arrested for saying this why speculate? It could affect the market and fuel hoarding to further depreciate the cedi, any govt that jokes with the depreciation of the cedi would be voted out of power the ...
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  In China one would be arrested for saying this why speculate? It could affect the market and fuel hoarding to further depreciate the cedi, any govt that jokes with the depreciation of the cedi would be voted out of power the value of the cedi determines our standard of living and job creation

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• Lion 11 months ago

  Ghana Web is deliberately manipulating our currency. Why should anyone be allowed to publish these things on our phones? There white boys sit somewhere and manipulate our currency anyhow they want. Why should anyone be allo ...
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  Ghana Web is deliberately manipulating our currency. Why should anyone be allowed to publish these things on our phones? There white boys sit somewhere and manipulate our currency anyhow they want. Why should anyone be allowed to send these things on our phones?

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• Tsotsoo 11 months ago

  Where's Dr. Addisonof Bank of Ghana who said he could stabilise the Cedi in a day. He should apply his skills now.

  Where's Dr. Addisonof Bank of Ghana who said he could stabilise the Cedi in a day. He should apply his skills now.

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