{"id":65605,"date":"2014-11-17T12:16:55","date_gmt":"2014-11-17T12:16:55","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=65605"},"modified":"2014-11-17T12:20:58","modified_gmt":"2014-11-17T12:20:58","slug":"interest-rates-spio-garbrah-cant-shele-casely-hayford","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/11\/interest-rates-spio-garbrah-cant-shele-casely-hayford\/","title":{"rendered":"Spio-Garbrah can\u2019t push interest rate down \u2013 Casely-Hayford"},"content":{"rendered":"<p>A Financial Analyst, Sydney Casely-Hayford has said the Trade Minister\u2019s promise to deal with the high interest rates will amount to nothing.<\/p>\n<p>\u201cHe [Spio-Garbrah] can talk about it and he will talk because he is a good talker but there is nothing he can do. He can\u2019t do \u2018shele\u2019!\u201d he remarked.<\/p>\n<p>[contextly_sidebar id=&#8221;ZrhE8rL5n2gnTImyrSVVwo4MIZQAhskF&#8221;]Trade and Industry Minister, Dr. Ekow Spio-Garbrah has <a href=\"http:\/\/4cd.e16.myftpupload.com\/2014\/11\/12\/spio-garbrah-declares-war-high-interest-rates\/\" target=\"_blank\"><span style=\"color: #666699;\"><strong>declared war on the high interest rates<\/strong> <\/span><\/a>existing in the country which is considered one of the highest in the world.<\/p>\n<p>He served notice that from January 2015, banks in the country must push down their rates or face his wrath.<\/p>\n<p>He has charged the business community to contribute their quota by helping him bring down the interest rates, adding that, citizens are tired of structurally high interest rates.<\/p>\n<figure id=\"attachment_65288\" aria-describedby=\"caption-attachment-65288\" style=\"width: 750px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2014\/11\/Sidney-Casely-Hayford.jpg\"><img loading=\"lazy\" class=\"size-full wp-image-65288\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2014\/11\/Sidney-Casely-Hayford.jpg\" alt=\"Sidney Casely-Hayford\" width=\"750\" height=\"500\" srcset=\"https:\/\/citifmonline.com\/wp-content\/uploads\/2014\/11\/Sidney-Casely-Hayford.jpg 750w, https:\/\/citifmonline.com\/wp-content\/uploads\/2014\/11\/Sidney-Casely-Hayford-300x200.jpg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><\/a><figcaption id=\"caption-attachment-65288\" class=\"wp-caption-text\">Sidney Casely-Hayford<\/figcaption><\/figure>\n<p>In an interview with <strong>Citi News,<\/strong> Casely-Hayford pointed out that interest rates will always go up and there is nothing the Minister can do.<\/p>\n<p>According to him, Spio-Garbrah is the Minister of Trade and not Minister of Finance and neither is he the Governor of the Central Bank.<\/p>\n<p>This he said, does not afford him the \u201ctools and mechanisms to be able to lobby anybody to change the interest rates in the way they are set.\u201d<\/p>\n<p>The Financial Analyst advised that the sector Minister \u201cshouldn\u2019t kid himself; there is nothing he can do; nothing; absolutely nothing!\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>By: Efua Idan Osam\/citifmonline.com\/Ghana<br \/>\n<a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/osamidan\" data-show-count=\"false\">Follow @osamidan<\/a><br \/>\n<script type=\"text\/javascript\">\/\/ <![CDATA[\n!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=\/^http:\/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+':\/\/platform.twitter.com\/widgets.js';fjs.parentNode.insertBefore(js,fjs);}}(document, 'script', 'twitter-wjs');\n\/\/ ]]><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Financial Analyst, Sydney Casely-Hayford has said the Trade Minister\u2019s promise to deal with the high interest rates will amount to nothing. \u201cHe [Spio-Garbrah] can talk about it and he will talk because he is a good talker but there is nothing he can do. He can\u2019t do \u2018shele\u2019!\u201d he remarked. [contextly_sidebar id=&#8221;ZrhE8rL5n2gnTImyrSVVwo4MIZQAhskF&#8221;]Trade and Industry [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":55040,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,19],"tags":[38,4],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Spio-Garbrah can\u2019t push interest rate down \u2013 Casely-Hayford  - Citi 97.3 FM - Relevant Radio. Always<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/citifmonline.com\/2014\/11\/interest-rates-spio-garbrah-cant-shele-casely-hayford\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spio-Garbrah can\u2019t push interest rate down \u2013 Casely-Hayford  - Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"og:description\" content=\"A Financial Analyst, Sydney Casely-Hayford has said the Trade Minister\u2019s promise to deal with the high interest rates will amount to nothing. \u201cHe [Spio-Garbrah] can talk about it and he will talk because he is a good talker but there is nothing he can do. He can\u2019t do \u2018shele\u2019!\u201d he remarked. 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