High cocoa prices unlikely to boost government spending – Fitch Solutions

By Charles Nixon Ghana Card

High cocoa prices unlikely to boost government spending – Fitch Solutions

Fitch Solutions has stated that high cocoa prices are unlikely to boost the government spending and lead to stronger public capital expenditure, weakening any multiplier effect on economic growth.  In an article titled: “Structurally Higher Cocoa Prices Will Bring Only Limited Gains for African Economies”, it said neither the Ivorian nor the Ghanaian finance ministries […]

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