The Bank of Ghana has stated that the nation’s economic gains could face headwinds from global developments, adding that a ...

By Dela AGBO The Bank of Ghana’s Monetary Policy Committee (MPC) has announced its decision to maintain the policy rate at 27% as of January 2025. This decision comes against the backdrop of an ...

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) is set to announce its decision on the policy rate, which will influence the cost of lending for the next two months. The policy rate ...

The confidence businesses and consumers have in the economy picked up in the latter part of 2024 on the back of the improved macroeconomic conditions in the country, the Bank of Ghana (BoG) has said.

The Bank of Ghana (BOG) has successfully concluded a two-day capacity-building workshop for journalists in Ho, aimed at ...

Despite the existence of the African Continental Free Trade Area (AfCFTA), some Ghanaian traders say they are already losing ...

In response to a question from the Graphic Business at the Monetary Policy Committee press conference in Accra yesterday, Bank of Ghana Governor, Dr Ernest Addison, acknowledged that the 23.8% ...

“As part of the possible remedial measures, we think the Bank of Ghana will be inclined to hike the policy rate at its first Monetary Policy Committee meeting in January 2025”. Given the ...

Ghana’s inflation rate has been above 10% – the upper limit of the central bank’s target band — since September 2021 as its debt woes led to a plunge in the cedi, making imports more costly. The ...

The non-performing loan (NPL) ratio climbed to 22.7% in October 2024 from 18.3% a year earlier, the Bank of Ghana (BoG) reported in its November 2024 Monetary Policy Committee (MPC) statement.