November 2020 - GHANA RESEARCH

BOG MPC MEETING NOVEMBER 2020 – A SUMMARY AND COMMENT – 2 DEALS WITH THE FIRST COMPONENTS OF THE RECENT SUMMARY OF ECONOMIC DATA. THESE ARE:

— PRICE DEVELOPMENTS,

— REAL SECTOR INDICATORS,

— MONEY MARKET RATES, AND

— FOREIGN EXCHANGE RATES.

AS USUAL, YOU CAN DOWNLOAD THE DOCUMENTS IN PDF FORMAT FROM THE BEGINNING OF THIS ARTICLE. Continue reading “BOG MPC MEETING NOVEMBER 2020 – A SUMMARY AND COMMENT – 2”

BOG MPC MEETING NOVEMBER 2020 – A SUMMARY AND COMMENT

97th-MPC-Press-Release-23rd-November-2020-2

Summary-of-Economic-Financial-Data-November-2020-2

THE MONETARY POLICY COMMITTEE [MPC] OF THE BANK OF GHANA [BOG] HELD ITS 97TH MEETING LAST WEEK. FOLLOWING, I PRESENT AN ARTICLE SERIES DUBBED “BOG MPC MEETING NOVEMBER 2020 – A SUMMARY AND COMMENT”.

AS USUAL THE ARTICLE SERIES STARTS WITH A LOOK AT THE MPC PRESS RELEASE. IN THE FOLLOWING THREE PARTS, I ANALYSE THE SUMMARY OF ECONOMIC AND FINANCIAL DATA. THE ARTICLE SERIES WILL CONCLUDE BY THE MIDDLE OF NEXT WEEK.

AS ALWAYS, YOU CAN DOWNLOAD BOTH BOG DOCUMENTS AT THE BEGINNING OF THIS ARTICLE. Continue reading “BOG MPC MEETING NOVEMBER 2020 – A SUMMARY AND COMMENT”

AfCFTA AND RCEP – THE FUTURE OF GLOBAL TRADE

THE AFRICA CONTINENTAL FREE TRADE AREA

CHINA AND 14 OTHER COUNTRIES HAVE NOW COME TOGETHER TO FORM THE “REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP” [RCEP].

The Regional Comprehensive Economic Partnership spans 15 countries and 2.2 billion people, or nearly 30% of the world’s population, according to a joint statement released by the nations on Sunday, when the deal was signed. Their combined GDP totals roughly $26 trillion and they account for nearly 28% of global trade based on 2019 data.

The deal includes several of the region’s heaviest economic hitters aside from China, including Japan and South Korea. New Zealand and Australia are also partners, as are Indonesia, Thailand and Vietnam in Southeast Asia.

SEE https://edition.cnn.com/2020/11/16/economy/rcep-trade-agreement-intl-hnk/index.html

IT SEEMS MORE AND MORE THAT THE SLOGAN BECOMES TRUE:

AfCFTA AND RCEP – THE FUTURE OF GLOBAL TRADE

Continue reading “AfCFTA AND RCEP – THE FUTURE OF GLOBAL TRADE”

NANA KONADU – DON’T STEP DOWN, PLEASE – IF YOU DON’T WANT

HARDLY HAS EX-PRESIDENT HIS EXCELLENCY FLT. LIEUTENANT J.J. RAWLINGS HAS DIED [R.I.P.], DEMANDS HAVE COME UP. SOME OF THESE VOICES – OF COURSE FROM MEN – FOCUS ON HIS WIFE NANA KONADU. THEY ASK HER TO STEP DOWN AS PRESIDENTIAL CANDIDATE FOR THE NATIONAL DEMOCRATIC PARTY [NDP]. LEAVE HER IN PEACE! Continue reading “NANA KONADU – DON’T STEP DOWN, PLEASE – IF YOU DON’T WANT”