Andrews University

14 Sep

Reducing Inflation: Leverage Numerous Warehouses To Store Excess Food – Prof Peprah

wontumionlineBusinessAndrews University, Food inflation, Inflation, Professor Williams Kwasi Peprah

Associate Professor of Finance at Andrews University in Michigan, Professor Williams Kwasi Peprah has called on government to leverage its numerous warehouses in the country to store the excess food in the market to sustain the downward inflationary trend. His comment follows the slowdown of inflation in the month of August, 2023 to 40.1% from the 43.1% recorded in July 2023. Food inflation witnessed a decrease to 51.9% from the 55% the previous month. Reacting to this development on Business Live on Joy News, Prof. Peprah admonished government to take proactive steps to sustain this trajectory. “The government has already…

13 Feb

BoG Must Be Blamed For High Inflation – Professor Williams Peprah

wontumionlineBusinessAndrews University, BoG, Inflation, Professor Williams Peprah

US-based Associate Professor of Finance at Andrews University in Michigan USA, Williams Kwasi Peprah, has accused the Bank of Ghana for high inflation in the country. The Bank of Ghana has justified financing of the government’s 2022 budget with about ¢44.5 billion. In a statement, the Central Bank said its financing of government was part of a crises management tool used in dealing with the difficulties of 2022. “It must be recognised that the ongoing debt operations are part of the corrective measures designed to address the financing problem of the budget. Bank of Ghana financing was part of a…