BoG Launches Database Portal

Dr. Ernest Addison

 

The Bank of Ghana has launched a beta version of its data base portal aimed at providing a single environment for extracting and visualising macroeconomic data.

A statement issued by the Bank on Monday February 5, 2024 said the provision of the portal was in line with international best practice and the bank’s commitment to greater transparency associated with its inflation targeting framework of monetary policy.

It said the portal would not only help meet data request demands from the general public but also support research work.

It said the data contained in the portal was also organised along five main economic sectors. Thus, external sector, financial sector, fiscal sector, monetary sector, real sector and survey based indicators.

“The macroeconomic data is made up of 255 monthly and 86 quarterly time series data sourced from the BoG and other key stakeholder institutions,” the statement indicated.

“Data updates and revisions will be done according to the Data Release Calendar as published on the portal,” it added.

By Ebenezer K. Amponsah