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Commercial Banks advised to exercise prudence amid policy rate hike

The Governor of the Bank of Ghana, Dr. Johnson Asiama, has called on commercial banks to exercise caution in adjusting their lending rates in...

Don’t dare me or else I will release Addison’s recording – AG warns Afenyo-Markin

Attorney General Dr Dominic Ayine has firmly defended the search of former Bank of Ghana (BoG) Governor Dr. Ernest Addison’s residence, dismissing claims that...

Rising food prices to be addressed in 2025 budget – BoG Governor

Dr. Johnson Asiama, Governor of the Bank of Ghana, has emphasized that the 2025 budget will introduce measures to curb food inflation, which remains...

Uphold fiscal management to avoid spiraling inflation and erosion of income – Mahama charges BoG Governor

President John Mahama has urged the newly appointed Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, to prioritize fiscal discipline and responsible...

LIVESTREAMING: Mahama swears in BoG Governor and his First Deputy

President John Mahama is swearing-in the Governor of the Bank of Governor, Dr Johnson Asiamah, and his First Deputy Dr. Zakari Mumuni. The event is...

‘Gold for Oil’ is an innovative porgramme – BoG Governor

Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has defended his stance on the continuation of the ‘Gold for Oil initiative’, citing...

Banks recorded GHS3.19b bad debt in October 2023 – BoG

In October 2023, banks wrote off ¢3.19 billion as bad debt, marking a 9.5% year-on-year increase, as per the Bank of Ghana's Domestic Banks...

Recent inflation drop vindicates us – BoG Governor

Bank of Ghana Governor, Dr. Ernest Addison, remarked that the policy mix under Ghana's IMF-supported PC-PEG program is showing positive outcomes. He highlighted that...

Private sector loan declines by by 7.5% in October 2023 – BoG Governor

Newly released data from the Bank of Ghana reveals a substantial contraction in private sector credit, hitting its lowest point in more than four...

BoG Governor calls for a more robust global debt settlement system

Governor of the Bank of Ghana, Dr. Ernest Addison, has highlighted the need for a strong Global Sovereign Debt Roundtable (GSDR) to enhance multilateral...

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