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MAY 2023 ISSUE #5

The JCS Journal

THE JCS JOURNAL

THE MONTHLY NEWSLETTER OF JCS INVESTMENTS LIMITED

 

This Month’s Newsletter entails:
  • The current inflation rate and monetary policy rate as provided by the Bank of Ghana.
  • News highlights on the financial and banking sector of the Ghanaian Economy.
  • Details on a new book released by the CEO of JCS Investments Ltd.

 

NEWS HIGHLIGHTS

CURRENT INFLATION RATE: 41.2%

CURRENT MONETARY POLICY RATE: 29.50%

 

Global economic growth was better than in the first quarter of 2023 – Fitch

The global economy got off to a better-than-expected start in 2023 with growth significantly beating our forecasts and broadly mismatching our forecast for the US and the eurozone, Fitch Ratings said in its latest 20/20 vision.

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We have enhanced supervision, and measures to protect investment – SEC

The Securities and Exchange Commission in Ghana has assured potential investors to remain confident following the outfit’s upgraded measures including embarking on education campaigns to enable investors make informed decisions.

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Comprehensive, high-quality data needed to measure gaps in financial inclusion – 2nd Deputy Governor

The second deputy governor of the Bank of Ghana, Elsie Addo Awadzi has said that in monitoring progress in financial inclusive, the role of data cannot be over-emphasized.

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CONTINUE READING……

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