Ghana’s turnaround: how a GH¢15bn Central Bank intervention succeeded where GH¢60bn losses failed to spark growth

Ghana’s economy may be teaching one of the harshest lessons in modern finance: A bigger loss does not always produce a bigger recovery. Just three years ago, Ghana’s economy stood at the edge of a financial cliff. The Central Bank absorbed losses exceeding GH¢60 billion during the peak of the economic crisis. The financial system […]

Original source: MyJoyOnline Ghana