Tag: BoG
Business
BoG emphasizes inflation management despite experiencing financial deficits
The Bank of Ghana (BoG) has reaffirmed its dedication to implementing policies aimed at maintaining stable inflation levels, aligned with its medium-term target of...
News
Mahama Ayariga demands answers from BoG on gov’t write-offs and financial losses
The Member of Parliament for Bawku Central, Mahama Ayariga, has taken action by demanding specific information from the Bank of Ghana (BoG) under the...
Business
Without DDEP securing IMF bailout would have been difficult – BoG
Director of Research at the Bank of Ghana (BoG), Dr. Philip Abradu-Otoo, has clarified that obtaining a bailout from the International Monetary Fund...
Business
Currency printing: BoG spent GHS 675.4m – Report
Bank of Ghana (BoG) provided its 2023 Annual Report and Financial Statement, which shows that the bank's currency printing expenses in 2023 totaled GH¢675.4...
News
BoG fails again, announces GHC10.50bn loss after lossing GHC60bn the previous year
The Bank of Ghana has announced a loss of GHC10.50 billion for the financial year ending 2023.This significant loss is primarily attributed to an...
Business
Bank of Ghana’s currency printing expenses increased by 107% – Report
The 2023 Annual Report and Financial Statement published by the Bank of Ghana revealed that the bank allocated GH¢675.4 million for currency printing in...
Business
BoG lost GHS10.5bn in 2023
Bank of Ghana (BoG) reported a loss of GH₵10.50 billion for the financial year ending 2023.This loss was primarily driven by a significant...
Business
“We don’t want to be surprised” – BoG tells Société Générale on shares acquisition
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has informed the management of Société Générale Ghana that the central bank expects...
News
BoG never gave GN bank a bailout; our case is different – Group Nduom VP clarifies
Vice President of Group Nduom, Nana Ofori Owusu, has clarified the fate of the GN Savings and Loans, as against other local banks whose...
Headline
Address abuses within the Forex Bureau market – Richard Ahiagbah to BoG
Director of Communications for the governing New Patriotic Party (NPP), Richard Ahiagbah, has urged the Bank of Ghana (BoG) to diligently fulfil its regulatory...
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