Vision 2020 Of Ghana The Role Of FX-Trading

It is the ultimate interest of Cicada, Cityklass & Bastiat Ghana partnering with resources to assist any government of the Republic of Ghana to achieve the Vision 2020 goals and it objectives. The abstract of the vision 2020 report state clearly, reforms are adopted under the governments of Ghana structural adjustment program, which include increasing exchange rate controls and increasing autarky with the goals of reaching high-income economy and newly industrialized country status.

Studying this kind of proposal in Vision 2020 established document, the probability for most of this target goals to remain as merely dreams and wishes is very high when a critical analysis is conducted on current economic status of the Republic of Ghana in 2016 with a reference from the analytical report of Heritage Foundation 2016 Index of Economic Freedom in partnership with Wall Street Journal. It open market report of Ghana state that “ the Financial sector has undergone privatization, banking is undercapitalized and access to financing remains limited hence graded the Financial freedom of Ghana to be estimated as 60.0% and Business Freedom as 61.5%

Bastiat Ghana conclude it findings that the state of autarky Ghana aspire to attain in 2020 could easily be achieved when Fx and commodity trading on virtual platform is mastered through training and practice as a job for most of the Youth. Furthermore Government directing it attention to this sector of the capital market, to support it with modern legislative instrument to complement it training in the various Polytechnic Universities as a new discipline of investment economics, has a solution to solve unemployment challenges in Ghana to a large extent.

This will automatically trigger the increase in opening savings account in the Banking Industry since it is a mandatory for an Fx- trader to have a bank account to trade with as a means to manage it portfolio. It has the ability to deepen government tax revenue as well as strengthening the domestic capital market to complement government in infrastructural project expenditures. Finally this sector has the capacity to employ a lot of graduate into the Investment market as Entrepreneurs as well as a means of easy access to capital for aggressive industrialization as outlined in Vision 2020 report.

As a team we have proceeded to construct a comprehensive technical syllabus that address both academic and apprenticeship in Fx-Trading on-line, defining it as Investment Economics which has incorporated into it strong IT-studies for those student who lack knowledge in computer software usage and quality fundamental analysis for accurate global capital market predictions.

Knowing how to trade skillfully with quality investment returns depends on the quality of the teachers who will guide you with practical studies and apprenticeship. Therefore join our centre for quality training to enhance your financial capacity. To know our current training calendar visit www.cityklass.com

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Prof. E. Tweneboah Senzu, Ph.D., DBA., CBE.
Fundamental Analyst CityKlass & Executive Director Bastiat Ghana Institute

Research Professor of Business Economics at African School of Economics-Republic of Benin