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As treasury demand slips, can Ghana keep growth above 6%?

Street vendor selling goods in traffic in Ghana. Photo by Carbell Sarfo @Pexels
Street vendor selling goods in traffic in Ghana. Photo by Carbell Sarfo @Pexels
  • Treasury bill auction misses target by more than GH¢1 billion.
  • Rising yields signal growing caution among government debt investors.

 

ACCRA, GHANA — Investor demand for Ghana’s short-term government debt weakened sharply last week, as a Treasury bill auction fell GH¢1.07 billion (about $69 million) short of its fundraising target, raising fresh questions about financing conditions despite strong economic growth.

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