\n
The economy\u2019s largest institutional investor, Social Security and National Insurance Trust (SSNIT), has indicated a strategic shift toward a fixed-income focused portfolio \u2013 a move that could significantly impact the investment landscape.<\/strong><\/p>\nThe current portfolio of GH\u00a216.7billion, as of 2023, is heavily weighted toward equities (49.3 percent) and alternative investments (34 percent), with only 16.7 percent allocated to fixed income. However, SSNIT plans to dramatically rebalance this allocation in the short-term; by more than doubling the fixed income allocation to 48.8% while substantially reducing both equities and alternative investments<\/p>\n
SSNIT Director-General, Kofi Bosompem Osafo-Maafo, outlined the trust\u2019s new direction during a recent media engagement.<\/p>\n
\u201cThe strategy is to decrease our real estate portfolio and decrease our equity investments, and that\u2019s going into fixed income which provides us more,\u201d Mr. Osafo-Maafo stated. \u201cIf that happens, then we come to a position which is more consistent with where we want to be.\u201d<\/p>\n
As the strategy progresses, the fixed income allocation is set to increase further to 60 percent in the long-term, while equities will be reduced to 26 percent and alternative investments stabilised at 14 percent. This shift suggests a move toward a more conservative, income-focused portfolio over time.<\/p>\n
\u201cWe have an asset allocation policy that is risk management-driven. 60 percent of our investment has to be in fixed income instruments and 40 percent in non-fixed income instruments,\u201d explained Patricia Fosu, General Manager of SSNIT\u2019s Investment and Development Division.<\/p>\n
The Trust is considering drastic measures to rebalance its portfolio, including the potential sale of its extensive hotel assets.<\/p>\n
Mr. Osafo-Maafo described this as a \u201cbrutal decision\u201d, but one that could rapidly accelerate the shift toward desired asset allocation. \u201cAssuming we took the brutal decision of selling the hotels, we would be there,\u201d he explained. \u201cBut that\u2019s what we do. That\u2019s fund management. It can\u2019t be static.\u201d<\/p>\n
The hotel divestment process, initiated in 2018, has faced challenges due to payment negotiation issues. Negotiations with preferred bidder Rock City, which offered US$61.2million for SSNIT\u2019s 60 percent stake in four hotels, have stalled over payment terms disagreement.<\/p>\n
Beyond hotels, SSNIT is eyeing other potential divestments says Ms. Fosu: \u201cWe are overly exposed to equities. Our target says that we should be at 26 percent in the long-term, but we\u2019re at 49.3 percent\u201d.<\/p>\n
The Trust aims to reduce its investment in unlisted equities from 35.8 percent to 4 percent in the long-term, while increasing listed equities allocation from 13.5 percent to 22 percent.<\/p>\n
Investments in real estate will be reduced significantly from the current level of 30.5 percent to 10 percent in the shortest possible timeframe.<\/p>\n
\u201cWe are completing all our real estate projects. We are not undertaking any new real estate projects until we have been able to sell the properties that we have completed,\u201d Ms. Fosu added.<\/p>\n
This shift represents a significant change for SSNIT, which has long been a major player in Ghana\u2019s real estate and equity markets. The Trust is the nation\u2019s largest commercial property developer, with investments spanning student accommodation as well as the power generation and ICT sectors.<\/p>\n
On the Ghana Stock Exchange, SSNIT holds investments worth GH\u00a22.42billion with stakes in 22 out of 36 listed stocks. In the banking sector, it has investments in 8 out of 23 commercial banks.<\/p>\n
As SSNIT navigates this transition, it must also manage outstanding government arrears. Mr. Osafo-Maafo noted that of GH\u00a22.5billion owed, government has paid GH\u00a21.4billion \u2013 with negotiations ongoing for the remainder including interest and penalties.<\/p>\n
The Trust\u2019s investment portfolio is predominantly domestic, says Ms. Fosu<\/p>\n
\u201cAs of December 2023, 99 percent of our investments are domestic. We have 16.2 percent of our investments in the energy sector, about 15.7 percent in services, 3.5 percent in manufacturing, 15.2 percent in the financial services sector and 37.5 percent in real estate,\u201d she added.<\/p>\n
This strategic shift by SSNIT could have far-reaching implications for Ghana\u2019s investment landscape. As the country\u2019s largest institutional investor repositions its portfolio, it may trigger a ripple-effect across various sectors of the economy. The move toward fixed income could potentially impact liquidity in the equity markets and real estate sector, while increasing demand for government and corporate bonds.<\/p>\n
Source: thebftonline.com<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
The economy\u2019s largest institutional investor, Social Security and National Insurance Trust (SSNIT), has indicated a strategic shift toward a fixed-income focused portfolio \u2013 a move that could significantly impact the investment landscape. The current portfolio of GH\u00a216.7billion, as of 2023, is heavily weighted toward equities (49.3 percent) and alternative investments (34 percent), with only 16.7 […]<\/p>\n","protected":false},"author":1,"featured_media":196340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-196339","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n
SSNIT shifts investment strategy toward fixed-income focused portfolio \u2013 - Ghanamma.com<\/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:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SSNIT shifts investment strategy toward fixed-income focused portfolio \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The economy\u2019s largest institutional investor, Social Security and National Insurance Trust (SSNIT), has indicated a strategic shift toward a fixed-income focused portfolio \u2013 a move that could significantly impact the investment landscape. The current portfolio of GH\u00a216.7billion, as of 2023, is heavily weighted toward equities (49.3 percent) and alternative investments (34 percent), with only 16.7 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-04T08:59:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Kofi-Bosompem-Osafo-Maafo-Director-General-of-SSNIT.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"366\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/04\\\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/04\\\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"SSNIT shifts investment strategy toward fixed-income focused portfolio \u2013\",\"datePublished\":\"2024-07-04T08:59:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/04\\\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\\\/\"},\"wordCount\":686,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/04\\\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Kofi-Bosompem-Osafo-Maafo-Director-General-of-SSNIT.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/04\\\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/04\\\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/04\\\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\\\/\",\"name\":\"SSNIT shifts investment strategy toward fixed-income focused portfolio \u2013 - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/04\\\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/04\\\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Kofi-Bosompem-Osafo-Maafo-Director-General-of-SSNIT.jpg\",\"datePublished\":\"2024-07-04T08:59:26+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/04\\\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/04\\\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/04\\\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Kofi-Bosompem-Osafo-Maafo-Director-General-of-SSNIT.jpg\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Kofi-Bosompem-Osafo-Maafo-Director-General-of-SSNIT.jpg\",\"width\":600,\"height\":366},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/04\\\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SSNIT shifts investment strategy toward fixed-income focused portfolio \u2013\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SSNIT shifts investment strategy toward fixed-income focused portfolio \u2013 - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/","og_locale":"en_US","og_type":"article","og_title":"SSNIT shifts investment strategy toward fixed-income focused portfolio \u2013 - Ghanamma.com","og_description":"The economy\u2019s largest institutional investor, Social Security and National Insurance Trust (SSNIT), has indicated a strategic shift toward a fixed-income focused portfolio \u2013 a move that could significantly impact the investment landscape. The current portfolio of GH\u00a216.7billion, as of 2023, is heavily weighted toward equities (49.3 percent) and alternative investments (34 percent), with only 16.7 […]","og_url":"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/","og_site_name":"Ghanamma.com","article_published_time":"2024-07-04T08:59:26+00:00","og_image":[{"width":600,"height":366,"url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Kofi-Bosompem-Osafo-Maafo-Director-General-of-SSNIT.jpg","type":"image\/jpeg"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"SSNIT shifts investment strategy toward fixed-income focused portfolio \u2013","datePublished":"2024-07-04T08:59:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/"},"wordCount":686,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Kofi-Bosompem-Osafo-Maafo-Director-General-of-SSNIT.jpg","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/","url":"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/","name":"SSNIT shifts investment strategy toward fixed-income focused portfolio \u2013 - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Kofi-Bosompem-Osafo-Maafo-Director-General-of-SSNIT.jpg","datePublished":"2024-07-04T08:59:26+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Kofi-Bosompem-Osafo-Maafo-Director-General-of-SSNIT.jpg","contentUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Kofi-Bosompem-Osafo-Maafo-Director-General-of-SSNIT.jpg","width":600,"height":366},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/07\/04\/ssnit-shifts-investment-strategy-toward-fixed-income-focused-portfolio\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"SSNIT shifts investment strategy toward fixed-income focused portfolio \u2013"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/196339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=196339"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/196339\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media\/196340"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=196339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=196339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=196339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}