Dr Ernest Addison – Governor of BoG The Bank of Ghana (BoG) has received support from the International Monetary Fund (IMF) regarding its GH¢60 billion ($6.4 billion) loss, as it
Tame Inflation – IMF Tells BoG
BoG Govenor, Dr Ernest Addison The International Monetary Fund (IMF) has asked the Bank of Ghana to uphold its policy mandates despite the financial setback experienced in the fiscal
Mahama Attacks BoG Governor
John Mahama Former President John Dramani Mahama has launched a scathing attack on Dr. Ernest Kwamina Yedu Addison, Governor of the Bank of Ghana (BoG), accusing him of attempting to
BoG Defends $250m New Headquarters
Dr. Ernest Addison The Bank of Ghana (BoG) has strongly defended its decision to construct a new headquarters, stating that its current office is no longer suitable due to safety
BoG Refutes NDC Claims Of Insolvency
Dr. Ernest Addison – Governor of BoG The Bank of Ghana (BoG) has responded to allegations of insolvency made by the National Democratic Congress (NDC), assuring the public that
Bank of Ghana Clears Air Over NDC Minority Accusation
Dr. Ernest Addison In response to the Bank of Ghana’s 2022 published annual report and financial statements, there has been some concern among Minority group in Parliament and the
BoG Remains Strong Amidst NDC False Propaganda – John Kumah
John Kumah In response to false reports being circulated by the opposition political party, the National Democratic Congress (NDC), Deputy Finance Minister John Kumah has dismissed claims of the
BOG Reminds Payment Services Of Remittance Guidelines
Dr. Ernest Addison The Bank of Ghana (BoG) has released information regarding inward remittance services by Payment Service Providers (PSP). In a release signed by the Secretary of BoG, Sandra
BoG Makes GHS60.8bn Losses In 2022
Dr. Ernest Addison Due to the impairment of the Government of Ghana’s securities holdings of GH¢48.45 billion, impairment of loans and advances granted to quasi-government and financial institutions amounting to
BoG Builds Excess Reserves
Dr Ernest Addison Governor of the Bank of Ghana (BoG), Dr Ernest Addison has announced that the implementation of the International Monetary Fund (IMF) supported Extended Credit Facility programme
BoG Meets Target Of Zero Financing Of Budget Under IMF Deal
Dr. Ernest Addison The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has announced at a press conference on July 24th that the central bank had achieved its
BoG Increases Policy Rate To 30%
Dr. Ernest Addison The Monetary Policy Committee of the Bank of Ghana (BoG) has increased its policy rate to 30% representing 50 basis points rise. This increment, totaling 15.5%
BoG Report Signals Significant Revenue Loss
Dr. Ernest Addison, BoG Governor A government is expected to record significant revenue loss according to a yet-to-be-released BoG report. The Bank of Ghana Governor, Dr. Ernest Addison who