Falling interest rates could unlock billions in Ghana’s debt markets – Amo Agyapong
Ghana’s declining interest-rate environment could unlock billions of cedis in the country’s domestic debt markets, creating new opportunities for government, businesses and investors, according to Amo Agyapong, Chief Policy Officer of the Institute of Chartered Development Finance Analysts (ICDFA). Mr Agyapong said the reduction in borrowing costs could mark an important turning point for Ghana’s…
Ghana's declining interest-rate environment could unlock billions of cedis in the country's domestic debt markets, according to Amo Agyapong, Chief Policy Officer of the Institute of Chartered Development Finance Analysts (ICDFA). The reduction in borrowing costs could mark an important turning point for Ghana's financial markets, particularly if sustained trends of lower inflation, improved macroeconomic stability, and declining yields continue.
Falling interest rates have the potential to change the economics of investment, capital-market activity, and businesses' ability to raise long-term financing, with significant implications for both government and private sectors.
Brief written by urgent.news from MyJoyOnline Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
