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BoG maintains benchmark rate at 29% to combat inflation pressures

The Bank of Ghana’s Monetary Policy Committee has decided to keep the benchmark interest rate at 29 percent, a strategic choice intended to address...
News

BoG says Gold for Oil Policy remains in effect

Bank of Ghana (BoG) has confirmed that the Gold for Oil policy introduced by the government is advancing according to schedule. This initiative was implemented...
Business

GAB calls for the publication of names of dud cheque offenders to restore payment confidence

Ghana Association of Banks (GAB) has urged the Bank of Ghana (BoG) to make public the names of businesses and individuals who have been...
News

Domestic Gold Purchase Programme yields over $5bn in reserves – BoG

The Bank of Ghana (BoG) has revealed that more than $5 billion worth of gold reserves have been amassed under the Government’s Domestic Gold...
News

Close all unregulated businesses to save depreciating cedi – BoG told

The Institute of Statistical Social and Economic Research (ISSER) has called on the Bank of Ghana (BoG) to evaluate and address the informal forex...
Business

BoG expresses confidence to handle external shocks

The Bank of Ghana (BoG) is confident in its ability to protect the economy from external shocks due to a significant increase in reserves...
Business

Allow BoG to operate independently – IMF advises Gov’t

The International Monetary Fund (IMF) urges the Cabinet to prioritize adopting the amendments to the Bank of Ghana Act to enhance the Central Bank's...
Business

A-G orders BoG to recover COCOBOD’s GHS8.241bn debt

The Auditor-General's 2023 report has urged the Bank of Ghana to take steps to recover GH¢8.241 billion that the Ghana Cocoa Board (COCOBOD) owes. The...
News

BoG made profit under Mahama but losses under Akufo-Addo – Economist

A recent analysis by economist Scott Bolshevik, has shed light on the Bank of Ghana's (BoG) financial trajectory, revealing a decline in performance under...
News

COCOBOD owes BoG over GHC8bn – Auditor General

The 2023 Auditor General Report has called on the Bank of Ghana to recover GH¢8.241 billion owed by the Ghana Cocoa Board (COCOBOD). The report...
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