{"id":252233,"date":"2016-09-27T06:15:18","date_gmt":"2016-09-27T06:15:18","guid":{"rendered":"http:\/\/citifmonline.com\/?p=252233"},"modified":"2016-09-27T06:15:18","modified_gmt":"2016-09-27T06:15:18","slug":"imf-cash-delay-to-push-inflation-credit-up","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/09\/imf-cash-delay-to-push-inflation-credit-up\/","title":{"rendered":"IMF cash delay to push inflation & credit up"},"content":{"rendered":"
The Institute of Statistical, Social and Economic Research (ISSER) is cautioning cost of credit as well as inflation \u00a0will shoot up in the coming months if there is a further delay in the release of the IMF bailout cash.<\/p>\n
ISSER argues, government\u2019s decision to borrow more to meet expenditure like wages in an election year will yield high interest rated debts.<\/p>\n
Ghana is yet to receive the third tranche of its financial assistance from the IMF; almost three months after the mission concluded its third review.<\/p>\n
A Deputy Finance Minister Mona Quartey has told Citi Business News government has submitted data on restructuring the country\u2019s energy sector which should prompt the release of the bailout cash.<\/p>\n
Speaking to Citi Business News however, an economist with ISSER, Professor Robert Darko Osei maintained the high interest would also have dire consequences if unchecked.<\/p>\n
–<\/p>\n
By:\u00a0 Pius Amihere Eduku\/citibusinessnews.com\/Ghana<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The Institute of Statistical, Social and Economic Research (ISSER) is cautioning cost of credit as well as inflation \u00a0will shoot up in the coming months if there is a further delay in the release of the IMF bailout cash. ISSER argues, government\u2019s decision to borrow more to meet expenditure like wages in an election year […]<\/p>\n","protected":false},"author":14,"featured_media":38989,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[121,32,171],"tags":[],"yoast_head":"\n