The Government must be prepared to take “tough measures” geared towards cutting down expenditure as it engages the International Monetary Fund (IMF) for support. The measures include reducing the size of government and reviewing some flagship programmes such as the...
IEA in the News
John Kwakye Worried Over S&P Rating, Says Downgrade Could Affect Investor Confidence
https://citinewsroom.com/2022/08/john-kwakye-worried-over-sp-rating-says-downgrade-could-affect-investor-confidence/
Cost of Borrowing to Surge as IEA proposes Policy Rate of 20% or 20.5%
Cost of borrowing is expected to go up further, as the Institute of Economic Affairs (IEA) is urging the Bank of Ghana to increase the Policy Rate (PR) by 1.0% or 1.50% to 20% or 20.5%. Its argument is that the upward adjustment will narrow the inflation-Policy Rate...
Press Releases
Bank of Ghana’s Response to Inflation Crisis Largely in Synch with IEA’s Expectations
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Launch of Professor Mike Oquaye Centre for Constitutional Studies at the IEA
On Tuesday, 26th April 2022, the Institute of Economic Affairs launched the Prof Mike Oquaye Centre for Constitutional Studies. The former speaker of parliament delivered a keynote address on the objectives of the centre and the quest for constitutionalism in Ghana...
Relook Flagship Policies to Cut Down the Country’s Ballooning Expenditure for Economic Stability – IEA
It stated that the government should have considered and announced as part of actions being taken to reduce expenditure. The think tank’s concerns stem from Ken Ofori-Atta, the Minister of Finance’s indication that, despite the country’s current fiscal difficulties,...
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