Finance Minister calls for increased indigenous ownership in mining sector

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• JD 6 months ago

  Is he really a finance manager? Stupid Burkinabe of a president. Useless ndc party. A party founded by murderers and a bunch of envious foreigners who killed almost every successful Akan and rather promoted Ewes. We will soon ...
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  Is he really a finance manager? Stupid Burkinabe of a president. Useless ndc party. A party founded by murderers and a bunch of envious foreigners who killed almost every successful Akan and rather promoted Ewes. We will soon take our country back and do proper formatting. Now we have Dumsor levy. Ndc twerps.

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• Ku 6 months ago

  Ghanaians must stop praising Mahama that the dollar has been devalued under his administration. The U.S. dollar has experienced a significant decline during President Donald Trump's current administration, falling nearly 10% ...
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  Ghanaians must stop praising Mahama that the dollar has been devalued under his administration. The U.S. dollar has experienced a significant decline during President Donald Trump's current administration, falling nearly 10% against a basket of major currencies since mid-January 2025 . This depreciation is attributed to a combination of policy decisions and economic factors:
  
  1. Aggressive Trade Policies and Tariffs
  The Trump administration's imposition of substantial tariffs on imports from countries such as China, Mexico, and Canada has escalated trade tensions. These protectionist measures have led to market volatility and diminished investor confidence in the dollar . The uncertainty surrounding trade relations has prompted investors to seek alternative currencies, contributing to the dollar's weakness.
  
  2. Fiscal Policies and Rising National Debt
  Recent tax cuts and increased government spending have added approximately $3.3 trillion to the national debt, raising concerns about fiscal sustainability . The expanding deficit has led to higher long-term bond yields and a wider term premium, factors that have exerted downward pressure on the dollar.
  reuters.com
  
  3. Federal Reserve Policy and Interest Rate Expectations
  President Trump has publicly criticized Federal Reserve Chair Jerome Powell for not reducing interest rates in response to economic indicators such as slowing job growth and a contracting services sector . While the Fed has maintained rates in the 4.25%–4.5% range, the anticipation of potential rate cuts has contributed to the dollar's depreciation.
  thetimes.co.uk
  
  4. Investor Sentiment and Market Dynamics
  The foreign exchange options market reflects expectations of continued dollar weakness, with increased demand for USD put options indicating bearish sentiment . Investors are reallocating assets toward currencies perceived as more stable, such as the euro and yen, further undermining the dollar's value.
  
  
  5. Strategic Considerations for Dollar Devaluation
  There is speculation that the Trump administration may be pursuing a deliberate strategy to weaken the dollar to enhance the competitiveness of U.S. exports and reduce trade deficits. Proposals such as the "Mar-a-Lago Accord" suggest coordinated efforts to devalue the dollar, reminiscent of the 1985 Plaza Accord .
  businessnews.com.my
  independent.co.uk
  
  In summary, the dollar's decline under the Trump administration is the result of aggressive trade policies, expansive fiscal measures, anticipated shifts in monetary policy, and strategic considerations for currency valuation.

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• Edward K Ofori 6 months ago

  Dear Mr Ato Foreson You Are The Most Hippcritical I’ve Ever Come Across In The World You’ve Been Siting In The Same Parliament That Has Hold Local Company Bill Hostage That You’ve Refuse To Ratify It For Him To Be First ...
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  Dear Mr Ato Foreson You Are The Most Hippcritical I’ve Ever Come Across In The World You’ve Been Siting In The Same Parliament That Has Hold Local Company Bill Hostage That You’ve Refuse To Ratify It For Him To Be First African To Open Bauxite Mining And Refinery
  MR ATO FORSON WHAT HAPPENED TO ROCKSURE INTERNATIONAL BILL THAT HAS HELD HOSTAGE AT THE PARLIAMENT THAT YOU ARE A MEMBER OF

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• S.D. 6 months ago

  Good, that's the way to go

  Good, that's the way to go

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• .com 6 months ago

  Address salary and pay rise irregularities with Dr Graham Smith,fair wages and salaries commission boss,Dr Ato Forson. Workers of the country are losing much of their salaries not only on the 10% salary rise of 2025 on the pa ...
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  Address salary and pay rise irregularities with Dr Graham Smith,fair wages and salaries commission boss,Dr Ato Forson. Workers of the country are losing much of their salaries not only on the 10% salary rise of 2025 on the payslip, but also on the rollover side of the "hidden stock", even when it is corrected in the years ahead . Some of the unfortunate pensioners who end up service before the years ahead of correction are hugely affected and do not leave to enjoy the corrected salary and pay rise resulting from the irregularities.-Dr Ato Forson,Dr Graham Smith.

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