[vc_row][vc_column]
February 13, 2015
Policy Brief 1: The Falling Crude Oil Prices: Mitigating the Risk Crude oil prices have been falling sharply on the international petroleum market since July 2014. For Ghana, this poses a serious threat in the sense that, this phenomenon could lead to significant reduction in oil revenue which could worsen the projected fiscal deficit in 2015 and in the medium term. This development will naturally have serious negative implications for macroeconomic stability and economic growth in the country. Click here to read full report
December 30, 2014
Occassional Paper 1. Ghana: A Review of the 2015 Budget Ghana is currently facing serious economic crisis. The country is experiencing a rapidly declining economic growth, double-digit deficits for two years running, current account deficits also in double digits, and a public debt stock which is almost above the sustainable threshold. The domestic currency witnessed a rapid depreciation in the first three-quarters of 2014 amid dwindling foreign reserves and inflation which has crawled back to double digits since January 2013. Click here to read full report