Elsie Addo Awadzi The Bank of Ghana (BoG) has stated that early conclusion of the International Monetary Fund (IMF)-supported programme discussions will help re-anchor economic stability of the country. Governor
BoG Allots $420m To BDCs In Final Quarter
As part of its foreign exchange auctions, the Bank of Ghana (BOG) has earmarked a total of $420 million to Bulk Oil Distribution Companies (BDCs) through banks in the final
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 Auctions US$25m To Dealers
Dr. Ernest Addison THE BANK of Ghana (BoG) has offered US$25 million to the dealers through its Forex Forward Rates Auction (FFRA), the bank’s Secretary, Sandra Thompson, has indicated. According
BoG Holds Emergency Meeting Today
Dr. Ernest Addison THE BANK of Ghana will this morning hold an emergency to review developments in the economy over the past month, a release it issued has stated. Though
Reprioritise Spending – BoG To Govt
Dr. Ernest Addison THE CENTRAL Bank has urged Government to reprioritise its existing spending programmes to ensure fiscal and debt sustainability. This is because fiscal authorities in emerging markets
Govt Exposes NDC – BoG Hasn’t Printed Money
Dr. John Ampontuah Kumah THE MINISTRY of Finance has refuted the opposition National Democratic Congress (NDC)’s false claim that it has prevailed on the Bank of Ghana (BoG) to
BoG Maintains Policy Rate At 19 %
Dr. Ernest Addison The Monetary Policy Committee of the Bank of Ghana (BoG) has maintained the Monetary Policy Rate (MPR) at 19 per cent. According to the Committee, the
Cedi Loses 19.2% To Dollar – BoG
THE BANK of Ghana (BoG) has disclosed that the cedi lost 19.2 per cent in value to the US dollar in almost seven months of 2022. According to the
Trade Surplus Hits $1.33bn In First Quarter
Dr. Ernest Addison – BoG Governor Ghana’s trade surplus was pegged at $1.33 billion in the first four months of 2022, according to the Bank of Ghana Summary of Economic
BoG Increases Policy Rate By 200 Points To 19 %
Dr. Ernest Addison – BoG Governor The Bank of Ghana (BoG) has raised the policy rate by 200 basis points to 19 percent at the Monetary Policy Committee (MPC) meeting
BoG Working To Promote PWDs Access To Finance
Mrs Elsie Addo Awadzi ELSIE ADDO Awadzi, Second Deputy Governor of the Bank of Ghana (BoG), says the central bank is in the process of developing a directive to promote
Total Debt Stock Reaches GH¢335.9bn
Dr. Ernest Addison TOTAL ASSETS of the country’s banking sector increased by 16.7 percent to GH¢166.4 billion as at end-August 2021, driven mainly by a 28.0 percent year-on-year growth in