Harmonized regulation non-negotiable, says BoG Governor on boosting intra-African trade

July 8, 2024 Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has acknowledged the critical role of a harmonized regulatory framework and strategic partnerships among digital space players in...

Written by:

July 8, 2024 / Comments (0)

Monetary Policy Committee of BoG keeps policy rate at 29 percent

May 27, 2024 The Monetary Policy Committee of the Bank of Ghana (BoG) has kept the policy rate at 29 percent. Addressing the media, Governor of the BoG,  Dr. Ernest Addison noted that the committee...

Written by:

May 27, 2024 / Comments (0)

Monetary Policy Committee cuts policy rate to 29.0%

January 29, 2024 The Monetary Policy Committee of the Bank of Ghana (BoG) has cut its key lending rate to 29.0% from 30% in line with most analysts expectations. The Chairman of the committee, Dr. Ernest...

Written by:

January 29, 2024 / Comments (0)

MPC keeps policy rate at 30%

November 29, 2023 The Monetary Policy Committee of the Bank of Ghana (BoG) has kept the Policy Rate at 30.0%. The Committee kept the rate at which it lends to commercial banks unchanged due to concerns about...

Written by:

November 29, 2023 / Comments (0)

Bank of Ghana increases policy rate to 17%

March 21, 2022 The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the policy rate by 250 basis points to 17 percent. This is the first time the Central Bank has increased the key...

Written by:

March 21, 2022 / Comments (0)

Dr. Ernest Addison calls for integrated approach to improve intra-African payments

November 9, 2021 Governor of the Bank of Ghana, Dr. Ernest Addison has called for a multidimensional integrated solutions approach to tackle the inherent frictions in cross-border payments in Africa....

Written by:

November 9, 2021 / Comments (0)

2022 budget: Reset fiscal policy to create credible path towards sustainability – BoG to Government

November 1, 2021 Governor of the Bank of Ghana, Dr. Ernest Addison, is urging the government to use the 2022 budget to reset fiscal policy and create a more credible path towards medium-term fiscal...

Written by:

November 1, 2021 / Comments (0)

Big push for 2022 budget – Benefits from $1bn free IMF money

September 28, 2021 The country is set to inject about US$300 million from its share of the specially created free funds from the International Monetary Fund (IMF) into the 2022 budget. The amount is a third...

Written by:

September 28, 2021 / Comments (0)

BoG maintains policy rate at 13.5% for third time

September 28, 2021 The Monetary Policy Committee of the Bank of Ghana (BoG) has maintained the policy rate at 13.5%. The policy rate is the rate at which the Central Bank lends to commercial banks in the...

Written by:

September 28, 2021 / Comments (0)

Ghanaians to use more coins as BoG plans to phase out GH¢1 and GH¢2 notes

September 28, 2021 The GH¢1 and GH¢2 notes will soon be phased out of the Ghanaian economy. This was made known by the Governor of the Central Bank, Dr, Ernest Addison on Monday, September 27, 2021. Dr....

Written by:

September 28, 2021 / Comments (0)