Tag: Solutions
Government’s 2023 Revenue Target Unrealistic – Fitch Solutions
Fitch Solutions had said in its 2023 February Africa Monitor Report that Ghana’s 2023 revenue target is unrealistic. In 2023, the government intends to collect total revenue and grants of ¢143,956 million, about 18.0% of Gross Domestic Product. This however represents a 43.2% increase on the 2022 target. “That said, we believe that the 2023 revenue …
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Government Unlikely To Issue Eurobonds At Attractive Yields In Short-term Despite Securing IMF Programme – Fitch Solutions
The government is unlikely to issue Eurobonds at attractive yields in the short term even if it secures an International Monetary Fund support programme this month or in the next couple of months. In its February 2023 Africa Monitor Report, Fitch Solutions, said the rising interest rates which has been hiked to 28% at the …