Dr. Ernest Addison Banks have been given up to September this year to submit to the central bank their recapitalization plans, says Governor of the Bank of Ghana (BoG) Dr
BoG Maintains Policy Rate
Dr. Ernest Addison Governor of the Bank of Ghana, Dr. Ernest Addison, has announced that the Monetary Policy Committee has decided to maintain the policy rate at 29.5 percent. This
BoG Goes Wild Over Cash Printing To Finance Budget Allegations
Dr. Ernest Addison Governor of the Bank of Ghana (BoG), Dr Ernest Addison has denied allegations that the central bank printed more cash to finance the government’s budget in the
BoG’s Policy Rate Now 27%
THE CENTRAL Bank has announced it is raising the policy rate by another 250 basis points to 27.0%, the highest level in recent years, as it fights to rein
IMF deal: Ghana Likely To Get $3bn– BoG
Dr Ernest Addison The Governor of the Bank of Ghana (BoG), Dr Ernest Addison has expressed confidence in Ghana securing $3 billion in the ongoing negotiations with the International
No More FX Support For Importation Of Rice, Poultry, Tiles- BoG
Dr Ernest Addison The Bank of Ghana (BoG) has announced that it will cease providing FX support for the importation of some items into the country. These items include rice,
BoG Hits Back At Adongo
Isaac Adongo THE BANK of Ghana (BoG) has hit out at false claims and unfounded allegations leveled against it by the Member of Parliament (MP) for Bolgatanga Central, Isaac
Ignore NDC Adongo, He Gave Wrong Data– BoG
Dr. Ernest Addison The Bank of Ghana (BoG) has said the Member of Parliament for Bolgatanga Central, Isaac Adongo made unfounded allegations in his comments against Governor Ernest Adison.
BoG Issues New Directives On Digital Financial Services
The Bank of Ghana (BoG) has cautioned banks and specialized deposit-taking institutions against unfairness and ambiguity in the delivery of information via digital platforms. This was contained in the
BoG Launches Regulatory Sandbox
Dr. Ernest Addison The Bank of Ghana (BoG) has launched a new tool to support the financial inclusion and stability agenda of the government. The launch of the Regulatory and
Credit To Private Sector Slows
THE LATEST Monetary Policy Committee (MPC) report by the Bank of Ghana (BoG) indicates that annual nominal growth in private sector credit slowed to 10.1 percent in October 2021 compared
BoG Floors Sibton Switch Systems In Arbitration
Dr. Ernest Addison – Governor of BoG BANK OF Ghana (BoG) has floored Switch System Limited at a tribunal constituted under the auspices of the London International Court of Arbitration
Economic Activity Rebounds – BoG
Dr. Ernest Addison, BoG Governor THE CENTRAL bank says there is a rebound in economic activity, judging from its high frequency indicators which have continued to pick up in recent