Mobile money transactions hit over GH ¢569bn in 2020
The total value of mobile money transactions for last year hit a remarkable GH ¢569 billion, data from the Bank of…
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Bank of Ghana
Ghana’s total public debt balloons to GHC 286.9 bn
Ghana’s total public debt has ballooned to GHC 286.9 billion or US$50.2billion for the first eleven months of 2020…
Policy rate maintained at 14.5%; cost of loans to remain…
The Bank of Ghana has kept it policy rate - the rate at which it lends to commercial banks at 14.5%.
It cited the…
Ghana’s debt stock rises to 74.4% of GDP, now at GH¢286.9…
Ghana’s debt situation continues to deteriorate as shown by new figures released by the Bank of Ghana.
Total…
Covid-19: BoG plans to hold policy rate at 14.5%
With inflation inching up slightly to 10.4 percent for the 12 months period ended December 2020, from 9.8 percent…
Ghana Cedi expected to remain stable in 2021
The Bank of Ghana is optimistic that Ghana’s fiat currency, the cedi is expected to remain stable this year.
This…
Ghana’s economy on sound footing before Covid came knocking…
Governor of the Bank of Ghana (BoG) Dr Ernest Addison has noted that the local economy was doing well in 2019 until…
Ghana’s Public Debt Jumped by GHȻ64.7 Billion in One Year
Trend and Causes
Ghana’s total debt hit GHȻ273.8 billion (71% of GDP) at end-September 2020 from GHȻ209.1 billion…
The NDC’s Resolution Plan would have Addressed the Banking…
During its tenure, the NDC government made efforts to promote financial sector deepening and greater access to…
Inflation to rise further…as 15% transport hike kicks off
The recent price hike in transport fare by 15 percent would exert some pressure on the country’s inflation rate for…
Duffuor hails the choice of Prof. Opoku-Agyemang as running…
A former governor of the Bank of Ghana, Dr. Kwabena Duffuor, has hailed the choice of Prof. Jane Naana…