General News Fri, 15 Jun 2018

'Karma is a bitch' - Ato Forson tells Bawumia as cedi depreciates

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Comment: I

2018-06-15 15:51:30
Comment to:
Re: Crude oil never touched $70 under NDC

That is if you own the production platforms and much of the shares. You should find out how much share of the revenue Ghana gets, my best estimate is 1/5 or less, meanwhile interest rates have been adjusted up by another 1/4% by the US Treasury to maintain fiscal discipline and fight any inflationary trend. What does it mean to everybody else, cost of oil production, interest rates on loans and even individual activities including mortgages etc all go up. The Ghanaian political parties should stop politicking and explain to their followers how these things work.

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ChrisC on Jun 15, 2018 15:51