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– –<\/span> Kojo Oppong Nkrumah forecast that $750 million from the Afremix Bank and $1.3 billion from the cocoa syndicated loan will arrive at the Bank of Ghana this week.<\/p>\n Kojo Oppong Nkrumah, in an interview with Citi News, expressed confidence that the cedi\u2019s recent wild decline against the dollar will soon come to a halt.<\/p>\n READ ALSO:\u00a0Ghanaians deserve better- Yvonne Nelson sends bold message to Nana Akufo Addo<\/p>\n – –<\/span> \u201cThe Bank of Ghana introduced a number of measures in the short term to deal with it and on the back of that\u2026 the $750 million that we were expecting, all the paperwork has been concluded, and it should be hitting our accounts today or tomorrow.\u201d<\/p>\n \u201cIf I were you, and I was holding onto dollars, I would be selling them by now because there is a lot more dollar coming in from the $750 million and also from the Cocoa Syndicated Loan of about $1.3 billion,\u201d the minister said.<\/p>\n – –<\/span> The administration \u201cexpects that it would lead to speedy stability,\u201d Mr. Oppong Nkrumah said.<\/p>\n READ ALSO:\u00a0Going to IMF is just for interim relief not a sign of E-levy failure \u2013 Kojo Oppong Nkrumah<\/p>\n Since the beginning of the year, the cedi has lost at least 35% of its value, making it the second poorest performing currency in the world (behind the Sri Lankan rupee) out of the 150 economies covered by Bloomberg.<\/p>\n – –<\/span> – – According to Ghana\u2019s Minister of Information, Kojo Oppong Nkrumah, the country would soon get a $2 billion economic injection from the government. Kojo Oppong Nkrumah forecast that $750 million from the Afremix Bank and $1.3 billion from the cocoa syndicated loan will arrive at the Bank of Ghana this week. Kojo Oppong Nkrumah, […]<\/p>\n","protected":false},"author":1,"featured_media":1188794,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[6156,672,12144,2129,1963,23937,5359,6421],"class_list":["post-1188792","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entertainment","tag-2bn","tag-cedi","tag-curb","tag-depreciation","tag-economy","tag-injected","tag-nkrumah","tag-oppong"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1188792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1188792"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1188792\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1188792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1188792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1188792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n<\/p>\nAccording to Ghana\u2019s Minister of Information, Kojo Oppong Nkrumah, the country would soon get a $2 billion economic injection from the government.<\/strong><\/h2>\n
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