Applied Economics professor Steve Hanke has said it is impossible for president Nana Akufo-Addo to solve the debilitating economic challenges. “Pres Akufo-Addo says he has "total confidence" in his ability to save Ghana's economy. Ghana’s Inflation Rate Is Second In The WordIn another tweet on Tuesday, Prof Hanke also said his estimates of Ghana’s inflation rate shows an astronomical jump over the last few weeks to bring the country to the second position on his weekly inflation table. He said his estimates of Ghana’s inflation rate was 148%, which is more than 3.5 times the official Ghana Statistical Service inflation rate of 37.2%. On Oct 27, I measured Ghana's #inflation at a stunning 148%/yr--over 3.5x the official inflation rate of 37.2%/yr.

Source: GhanaWeb November 03, 2022 01:20 UTC