{"id":80589,"date":"2025-07-25T10:56:34","date_gmt":"2025-07-25T10:56:34","guid":{"rendered":"https:\/\/sotnews.agency\/?p=80589"},"modified":"2025-07-25T10:56:34","modified_gmt":"2025-07-25T10:56:34","slug":"2025-mid-year-budget-trade-expert-calls-for-single-digit-inflation-to-strengthen-economy","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=80589","title":{"rendered":"2025 Mid-Year Budget: Trade expert calls for single-digit inflation to strengthen economy"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>1 Minute, 2 Second                <\/div>\n\n            <\/div><div>\n<p>Associate Professor and Director of the Trade Growth Network, Prof. Evans Akwasi Gyasi, has urged the government to work towards achieving single-digit inflation.<\/p>\n<p>According to him, it is a critical marker of economic stability and investor appeal.<\/p>\n<p>Reacting to the 2025 Mid-Year Budget on <strong>JoyNews Prime,<\/strong> Prof. Gyasi acknowledged the Finance Minister\u2019s projection of 11.9% inflation but maintained that further reducing it to single digits would send a stronger signal of macroeconomic discipline. <\/p>\n<p>\u201cWhen it comes to inflation. Initially, there was a target of a single digit, but if you look at the mid-year budget that was read, the finance minister predicted 11.9. I think more ought to be done. If you can push it to a single digit, I think that can help the economy as well.\u201d<\/p>\n<p>He said if the government can focus on earning a single-digit inflation, the success story of the economy can be sustained.<\/p>\n<p><iframe width=\"800\" height=\"500\" src=\"https:\/\/www.youtube.com\/embed\/txBbfULIdCY?si=n2F3hnOO3j5iC7ht\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>He praised other aspects of the budget, including the continued appreciation of the cedi and prudent debt servicing, and noted that the overall outlook opens a gateway for increased investment.<\/p>\n<p>\u201cIt (the budget) creates investor appeal, it brings investor confidence back, and it also indicates that we are open for business.\u201d<\/p>\n<\/div>\n        <div class=\"booster-block 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                                  <span style=\"display: none;\" class=\"twp-react-count\">0<\/span>\n                                                                        <span class=\"twp-react-percent\"><span>0<\/span> %<\/span>\n                                            <\/div>\n                <\/div>\n\n            <\/div>\n        <\/div>\n\n    ","protected":false},"excerpt":{"rendered":"<div><img loading=\"lazy\" width=\"150\" height=\"150\" src=\"https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2025\/07\/WhatsApp-Image-2025-07-25-at-07.23.47_a8605bc7-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"2025 Mid-Year Budget: Trade expert calls for single-digit inflation to strengthen economy\" decoding=\"async\" loading=\"lazy\" title=\"2025 Mid-Year Budget: Trade expert calls for single-digit inflation to strengthen economy\">Associate Professor and Director of the Trade Growth Network, Prof. Evans Akwasi Gyasi, has urged the government to work towards achieving single-digit inflation.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-80589","post","type-post","status-publish","format-standard","hentry","category-blog"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/80589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=80589"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/80589\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}