Ghana’s international reserves up to $5.7bn after IMF deal
The country's gross international reserves have increased to US$5.7 billion after sealing the US$ 3 billion deal with the International ...
Tag: Bank of Ghana
MoMo transactions hit GH¢ 550.4bn in first four months of 2023
In the first four months of 2023, Mobile Money (MoMo) transactions in Ghana totalled GH¢ 550.4 billion. This is according ...
BoG maintains monetary policy rate at 29.5%
Cost of borrowing is expected to remain high at least for the mean time as the Monetary Policy Committee (MPC) ...
Monetary policy rate likely to be increased marginally – Economists predict
As the Bank of Bank of Ghana (BoG) prepares to make major pronouncements on its assessment of the Ghanaian economy ...
IMF’s $600 million hits Bank of Ghana’s account
The first tranche of cash from the International Monetary Fund (IMF), meant for budget support and to help stabilize the ...
IMF bailout: Bank of Ghana Act to be revised
Ghana’s International Monetary Fund (IMF) programme will among other things revise the Bank of Ghana Act in a bid to ...
BoG’s MPC commences assessment of economy today
The Monetary Policy Committee (MPC) of the Bank of Ghana will today commence its regular meetings to review developments in ...
Cut your rates before asking banks to reduce lending rates – Economist to BoG
A finance lecturer at the University of Ghana Business School, Prof. Godfred Bokpin is of the view that it may ...
BoG urges commercial banks to lower lending rates as inflation figures decline
The commercial banks operating in Ghana have been urged by the Bank of Ghana to lower their lending rates while ...
BoG pushes for improvement in IMF’s lending framework to boost continent’s access to resources
The Bank of Ghana is advocating an upgrade in the lending framework of the International Monetary Fund. This, according to ...
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