BoG projected to cut policy rate by 1% in next MPC meeting
The Bank of Ghana’s (BoG) Monetary Policy Rate (MPR) is expected to be reduced by 100 basis points – 1 per cent –…
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Bank of Ghana
Crowdfunding in Ghana: Bank of Ghana issues policy directive
The Bank of Ghana has issued a policy directive permitting crowdfunding in Ghana.
In a statement issued last week,…
Covid-19: Bank of Ghana outlines red-flags in the Banking…
The Bank of Ghana (BoG), as part of its supervisory and regulatory role over the banking sector has analyzed and…
ASEPA to petition Council of State over Dr Addison’s…
The Alliance for Social Equity and Public Accountability (ASEPA) has declared its intention to petition the Council…
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…
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…