Accra based CITI FM will today, September 15, host the Minister of Finance, Seth Terpker on its Breakfast Breakfast Show.
He is expected to explain issues surrounding the issuance of the $1 billion eurobond which was oversubscribed despite Ghana’s unstable economy.
Radio Gold would also join to host the Minister in the live discussion. This is the second time the Citi Breakfast Show is partnering the station to host Seth Tekpeh.
The host of show, Benard Avle and Radio Gold’s Alhassan Suhini will ask the minister questions on issues pertaining to the economy, and government’s expectation on the IMF bailout.
Some economists had predicted that the country’s current economic challenges would lead to a low subscription and a high interest rate on the eurobond. The cedi has depreciated by more than 30 percent this year alone against the dollar, coupled with a high budget deficit.
There have also been an erratic supply of power to industries and households, hikes in inflation, utility tariffs and prices of petroleum products among others.
Inflation currently stands at 15.9 percent, this figure is likely to move up by the end of the year.
Finance Minister, Seth Tekper would also explain how the eurobond could help turn Ghana’s economic fortunes around.
