Julius Gyimah

IMF: Deflation Will Be An Immediate Benefit of The Loan Approval- Economic & Fiscal Expert

IMF: Deflation Will Be An Immediate Benefit of The Loan Approval- Economic & Fiscal Expert

Economic and fiscal expert, Julius Gyimah, has highlighted deflation as one of the major immediate benefits of the IMF loan approval Ghanaians will enjoy. Speaking in an interview with Kwaku Dawuro on Movement In The Morning, on Movement TV/Wontumi radio, Julius Gyimah made it known that there will be a decrease in prices of goods such as oil, and dollar depreciation to ease the current hardship in the economy. In response to the benefits of the imf loan, Julius said ''Now the immediate benefit Ghanaians will enjoy is dollar depreciation which will lead to price reduction of oil, reduction in…
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The Impact Of Covid-19 And Russia-Ukraine War Can Never Be Underestimated- Julius Gyimah

The Impact Of Covid-19 And Russia-Ukraine War Can Never Be Underestimated- Julius Gyimah

An Economic & Fiscal Policy Analyst, Julius Gyimah, has stated that the impact of COVID-19 and Russian-Ukraine war should ever be underestimated. Noting that prior to COVID-19, Ghana was recording a single digit inflation. However, as of March the inflation stands at 41.1%-questioning how we got here if not for COVID-19 and the war. According to him, this is as a result of the challenges that government is faced with. However, he was quick to add that the Finance ministry are working assiduously to make sure that we can restore our economy so that the balance of payment issues which…
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