Outlook of the CSD in 2023
Having gone through 2022 successfully, we envisage that 2023 will be a better year owing to various interventions by the government. The Ghanaian economy was indeed not spared from the global economic challenges arising from the Ukraine-Russia War and the hysteresis effect of the Covid-19 pandemic in 2022.
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Outlook of CSD in 2022
There is a high level of positive expectations for 2022, especially, with the lifting of the Covid-19 restrictions. Prospects are high and we are looking forward to business operations to rebound to pre-pandemic levels.
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Future Outlook
The year 2020 promises to be a very uncertain one. The outbreak of Covid-19 pandemic in the latter part of 2019 and its rapid spread across the world has not only created challenges to macroeconomic management but also redefined the way to deliver service. I am happy to note that the Depository is well-equipped to remotely deliver service to all its major stakeholders, seamlessly! No doubt when the dust settles on the pandemic, the Board would work with Management to use the experiences gained to review the overall operations of the Depository.
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Outlook of CSD in 2021
Prospects are bright for reducing the negative impact of the pandemic, on the back of the vaccinations and other measures to contain COVID-19, and there are high expectations for a rebound in the world economy. The global economy is projected to grow at 5.5 percent in 2021. And Ghana’s economy is expected to recover and benefit from the rebound with initial projections for a growth rate of 5.0 percent for the year. The fiscal deficit is projected at 9.5 percent and inflation at 8.0 percent.
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Outlook for 2019
In 2019 the Depository, in line with the important role it plays in Ghana’s financial market, would focus on developing the strategiesto meet stakeholder expectations, in a secure environment using its well trained staff.
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