Wow! But is it enough to attract investors?

Ghana's monetary policy lacks some realism....


Ghana 91-day bill yield rises to 25.4216 percent. Is the government really putting inplace an earning structure to support these high rates? Or it plans to raise more taxes and revert to tactics of moving money around? The Bank of Ghana said the yield on its 91-day bill rose to a four-year high of 25.4216 percent at Friday’s auction, from 25.3339 percent at the last sale. It will be sustainable if the current exchange rate can stay as is and create confidence in investors to actually bring in dollars for cedis, but with the services industry still suffering from poor implementation of policies, high taxes and more importantly a general lack of confidence how is this to be managed? Can someone give me some confidence explanation? Are we selling the Ghanaian economy to someone?

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