Investment Climate Brief 26th - 30th Oct '20

  • Gains in GCB and MTNGH were not enough to stop declines on the GSE-CI and the GSE-FSI as EGH and SOGEGH posted slides of 8.33% and 7.14% respectively.
  • At last week's auction Government exceeded its target of GHS 1,027.00m by 4.52% as a total of GHS 1,073.39m was raised through 91 and 182-Day Bills.

ECONOMIC SCOOP

Finance Minister to present Government’s spending budget for Q1 2021 on Wednesday 28th October 2020

  • The Minister of Finance is expected to present the Expenditure in Advance of Appropriation to Parliament on Wednesday 28th October, 2020, outlining Government’s spending projections for the first quarter of 2021.
  • This is a standard presentation to Parliament every election year aimed at forestalling transitional challenges the next couple of months after elections.

 

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