{"id":1224895,"date":"2022-10-14T19:59:47","date_gmt":"2022-10-14T19:59:47","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/10\/14\/value-of-bonds-held-by-foreigners-has-declined-economist\/"},"modified":"2022-10-14T19:59:47","modified_gmt":"2022-10-14T19:59:47","slug":"value-of-bonds-held-by-foreigners-has-declined-economist","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/10\/14\/value-of-bonds-held-by-foreigners-has-declined-economist\/","title":{"rendered":"Value of bonds held by foreigners has declined \u2013 Economist"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/10\/cedi-and-dollar.jpg\" \/><\/p>\n<div id=\"article-text\">\n<p>An economist, Courage Boti says the number of foreigners holding domestic bonds in the country has declined.<\/p>\n<p>Speaking in an interview on <strong>Joy FM\u2019s Top Story<\/strong> on Friday he attributed the decline to the government\u2019s precarious liquidity position, which has worsened the country\u2019s debt position.<\/p>\n<p>\u00a0\u201cI have been studying some data and from September last year till now [October 14, 2022] foreigners holding of bonds have declined from about GHC33b to now about GHC17.3b,\u201d he said.<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"300\" scrolling=\"no\" frameborder=\"no\" allow=\"autoplay\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https%3A\/\/api.soundcloud.com\/tracks\/1363143193&#038;color=%23ff5500&#038;auto_play=false&#038;hide_related=false&#038;show_comments=true&#038;show_user=true&#038;show_reposts=false&#038;show_teaser=true&#038;visual=true\"><\/iframe><\/p>\n<p>His comment follows the cedi breaching the \u00a212 to the dollar mark within just a week, selling at \u00a212.10 at most forex bureaus or the retail market.<\/p>\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-myjoyonline-com wp-block-embed-myjoyonline-com\"\/>\n<p>When asked what options are available to government to deal with the cedi\u2019s depreciation, he suggested that government makes \u201cprogress with a balance of payment support from the International Monetary Fund (IMF).\u201d<\/p>\n<p>In his view, when the balance of payment support from the IMF is secured, it will reassure investor confidence.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>An economist, Courage Boti says the number of foreigners holding domestic bonds in the country has declined. Speaking in an interview on Joy FM\u2019s Top Story on Friday he attributed the decline to the government\u2019s precarious liquidity position, which has worsened the country\u2019s debt position. \u00a0\u201cI have been studying some data and from September last [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1219230,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[2955,2575,2470,12208,5209],"class_list":["post-1224895","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bonds","tag-declined","tag-economist","tag-foreigners","tag-held"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1224895","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=1224895"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1224895\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1224895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1224895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1224895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}