{"id":57598,"date":"2023-10-23T08:53:12","date_gmt":"2023-10-23T08:53:12","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye"},"modified":"2023-10-23T08:54:40","modified_gmt":"2023-10-23T08:54:40","slug":"targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye","title":{"rendered":"Targeting a single digit inflation by 2028 is not ambitious enough \u2013 IEA\u2019s Kwakye"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>The IMF actually projected that we would grow at 1.5% this year, and if half into the year we are already growing at 3.2%, with some of the recovery policies yet to mature, it\u2019s indicative of the fact that by the end of the year, we should be doing far more than what the IMF projected. And that is a great sign of recovery,\u201d Dr. Amin Adam is reported to have said.<\/b><\/p>\n

\u201cInflation which is a very important indicator for attracting investments and for improving domestic investment has also been decelerating from 54% in December 2022 to date. It is about 40% and it\u2019s going to continue because 40% is still high and so we will expect that this disinflationary path we have been following will continue until we reach single-digit inflation by 2028 as per the IMF programme,\u201d he added.<\/p>\n

Inflation has since dropped to 38.1 % in September, according to the Ghana Statistical Service (GSS).<\/p>\n

The downward trend is according to the decrease in the prices of food and non-food items, Prof Annim said at a press conference in Accra.<\/p>\n

Food inflation fell from 51.9% in August to 49.4% in September, while non-food inflation fell from 30.9% to 29.3%, Prof Annim said.<\/p>\n

In a tweet, Dr Kwakye said \u201cThis is certainly not ambitious enough. It\u2019s like putting the economy on autopilot.<\/p>\n

\u201cWhere is policy in all this? Why don\u2019t the Government restore single-digit inflation during its tenure but push it on to future Government.\u201d<\/p>\n

He added \u201cA 5-year period to reach single-digit inflation is a sign of policy failure. Taking concrete steps to reduce deficit financing and ensure low food prices and stable fuel prices should allow single-digit inflation to be achieved by the end of 2024.\u201d<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. The IMF actually projected that we would grow at 1.5% this year, and if half into the year we are already growing at 3.2%, with some of the recovery policies yet to mature, it\u2019s indicative of the fact that by the end of the year, we should be doing far more than […]<\/p>\n","protected":false},"author":84,"featured_media":57596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-57598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nTargeting a single digit inflation by 2028 is not ambitious enough \u2013 IEA\u2019s Kwakye - Ghana<\/title>\n<meta name=\"description\" content=\"The IMF actually projected that we would grow at 1.5% this year, and if half into the year we are already growing at ...\" \/>\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.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Targeting a single digit inflation by 2028 is not ambitious enough \u2013 IEA\u2019s Kwakye\" \/>\n<meta property=\"og:description\" content=\"The IMF actually projected that we would grow at 1.5% this year, and if half into the year we are already growing at ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-23T08:53:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-23T08:54:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1698038571.571069.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Targeting a single digit inflation by 2028 is not ambitious enough \u2013 IEA\u2019s Kwakye\",\"datePublished\":\"2023-10-23T08:53:12+00:00\",\"dateModified\":\"2023-10-23T08:54:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye\"},\"wordCount\":304,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1698038571.571069.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye\",\"name\":\"Targeting a single digit inflation by 2028 is not ambitious enough \u2013 IEA\u2019s Kwakye - Ghana\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1698038571.571069.jpg\",\"datePublished\":\"2023-10-23T08:53:12+00:00\",\"dateModified\":\"2023-10-23T08:54:40+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The IMF actually projected that we would grow at 1.5% this year, and if half into the year we are already growing at ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1698038571.571069.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1698038571.571069.jpg\",\"width\":1280,\"height\":720,\"caption\":\"Targeting a single digit inflation by 2028 is not ambitious enough \u2013 IEA\u2019s Kwakye\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/ghana\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Targeting a single digit inflation by 2028 is not ambitious enough \u2013 IEA\u2019s Kwakye\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#website\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/\",\"name\":\"Ghana\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/ghana\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Targeting a single digit inflation by 2028 is not ambitious enough \u2013 IEA\u2019s Kwakye - Ghana","description":"The IMF actually projected that we would grow at 1.5% this year, and if half into the year we are already growing at ...","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.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye","og_locale":"en_US","og_type":"article","og_title":"Targeting a single digit inflation by 2028 is not ambitious enough \u2013 IEA\u2019s Kwakye","og_description":"The IMF actually projected that we would grow at 1.5% this year, and if half into the year we are already growing at ...","og_url":"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye","og_site_name":"Ghana","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-10-23T08:53:12+00:00","article_modified_time":"2023-10-23T08:54:40+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1698038571.571069.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Targeting a single digit inflation by 2028 is not ambitious enough \u2013 IEA\u2019s Kwakye","datePublished":"2023-10-23T08:53:12+00:00","dateModified":"2023-10-23T08:54:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye"},"wordCount":304,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1698038571.571069.jpg","keywords":["Africa Press","Africa Press-Ghana","ghana"],"articleSection":["all news","Economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye","url":"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye","name":"Targeting a single digit inflation by 2028 is not ambitious enough \u2013 IEA\u2019s Kwakye - Ghana","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ghana\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1698038571.571069.jpg","datePublished":"2023-10-23T08:53:12+00:00","dateModified":"2023-10-23T08:54:40+00:00","author":{"@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The IMF actually projected that we would grow at 1.5% this year, and if half into the year we are already growing at ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#primaryimage","url":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1698038571.571069.jpg","contentUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1698038571.571069.jpg","width":1280,"height":720,"caption":"Targeting a single digit inflation by 2028 is not ambitious enough \u2013 IEA\u2019s Kwakye"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/targeting-a-single-digit-inflation-by-2028-is-not-ambitious-enough-ieas-kwakye#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/ghana\/"},{"@type":"ListItem","position":2,"name":"Targeting a single digit inflation by 2028 is not ambitious enough \u2013 IEA\u2019s Kwakye"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/ghana\/#website","url":"https:\/\/www.africa-press.net\/ghana\/","name":"Ghana","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/ghana\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts\/57598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/comments?post=57598"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts\/57598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/media\/57596"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/media?parent=57598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/categories?post=57598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/tags?post=57598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}