bank of ghana

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Reduction In Policy Rate Great Impact On the Economy

Mr. Jerry Afolabi, an economist, has said the reduction in the policy rate announced by the Central Bank was laudable...

Business

Parts of Ameri Deal Didn’t Get Parliamentary Approval – Report

Parts of the $510million power deal between Ameri Energy and the Government of Ghana (GoG) did not get parliamentary...

Business

Ghana’s Public Debt Hits 72.5% of GDP

Ghana’s public debt has hit GH¢ 122.3billion representing 72.5% of GDP at the end of February 2017, according to the...

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Ghana Records Over $500m Trade Surplus In February 2017

New figures from the Bank of Ghana have revealed that Ghana’s total balance of trade for February 2017 recorded a...

Business

Proposed BoG-Sibton Switch Contract Cancellation

There are indications that the Interoperability for mobile money contract awarded Sibton Switch Systems by the Bank of...

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Ghana’s Monetary Policy Rate Pegged At 23.5%

The Bank of Ghana has fixed the country’s monetary policy rate at 23.5 per cent, indicating a 200 basis point...

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Reduction In Policy Rate Long Overdue- Economist

Economist, and Head of Finance Department at the University of Ghana Business School, Professor Godfred Bokpin has...

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Government Clears Off GHc588m of The VRA Debts

Government has cleared off GH¢588 million out of the whopping GH¢2.4 billion Ghana legacy debts. The amount is part...

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BoG Reduces Policy Rate To 23.5%

The Monetary Policy Committee of the Bank of Ghana has reduced the policy rate to 23.5 percent. This represents a 200...

Business

BoG Cuts Policy Rate To 23.5%

The Monetary Policy Committee (MPC) of the Bank of Ghana has reduced the Monetary Policy Rate by 200 basis points to...

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BoG Reduces Policy Rate To 23.5%

The Monetary Policy Committee of the Bank of Ghana has reduced the policy rate to 23.5 percent. This represents a 200...

Business

Industry Upbeat About A Drop In Policy Rate

Industry players are upbeat about a possible reduction in the policy rate to be announced by the Bank of Ghana later...

Business

BoG Expected To Cut Policy Rate

The Monetary Policy Committee of the Central Bank of Ghana (BoG) is widely expected to loosen its tight monetary...

Business

Macroeconomic Performance To Influence Policy Rate

Despite high expectation on the part of the private sector for the Bank of Ghana(BoG) to reduce the policy rate due to...

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Macroeconomic Performance To Influence Policy Rate- Prof. Quartey

Despite high expectation on the part of the private sector for the Bank of Ghana(BoG)  to reduce the policy rate due...

Business

Public Debt of GH122 Billion For End of 2016 Could Still Increase

The current public debt of GHC122.3 billion for-end-of last year could increase further when the final numbers are...

Business

Cedi Depreciation In March Was 5% – BoG Report

Latest figures by the Bank of Ghana have shown that the cedi’s depreciation against the dollar for March 2017, is...

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Cedi Depreciation In March Was 5%

Latest figures by the Bank of Ghana have shown that the cedi’s depreciation against the dollar for March 2017, is...

Business

IT Consortium CEO Calls For Regulatory Postponement On Fintech

Mr Romeo Bugyei, Chief Executive Officer of IT Consortium has appealed to government to allow the Financial Technology...