Tag: The Bank of Ghana
Business
BoG confirms that inflation will peak in first quarter of 2023
The Bank of Ghana has reiterated that inflation is likely to peak in the first quarter of 2023 and gradually ease thereafter.However, headline inflation...
Business
Finally, the banking sector demonstrates its fragility
The banking sector, which had previously been steadfast, is now showing symptoms of vulnerability because the main financial category had mixed results in 2022,...
Business
BoG reiterates cautionary stance on cryptocurrencies
The Bank of Ghana (BoG) has reiterated its cautionary stance toward the use and trade of cryptocurrencies within its jurisdiction, both to the institutions...
Business
Government projects to spend GH¢205,431 million to finance budget
The Bank of Ghana is anticipated to raise its Monetary Policy Rate by 200 basis points to 26.5 percent, according to the Institute of...
Business
We’ve not supported govt with GH¢70bn – BoG
The Bank of Ghana (BoG) claims that since 2021, it hasn't given the government more than GH70 billion to operate the economy."Claims on the...
Business
‘Adongo presented false data, unfounded allegations’ – BoG claps back
The Bank of Ghana has debunked allegations by the Member of Parliament, Isaac Adongo, that the Central Bank lent a total of GH¢70 billion...
Business
‘Adongo presented false data, unfounded allegations’ – BoG claps back
The Bank of Ghana has debunked allegations by the Member of Parliament, Isaac Adongo, that the Central Bank lent a total of GH¢70 billion...
Business
Today in History: 347 dead MFIs: 95% of depositors to get paid December – Receiver
The Receiver for some 347 collapsed microfinance companies, 23 Savings, and Loans firms, and some finance houses, Eric Nipah stated that 95% of clients...
News
Interest rates for T-bills inch up to 33%, undersubscribed by 16%
The second week of October saw a 16% undersubscription of Treasury Bills.The Bank of Ghana's auctioning results for the government securities tender held on...
Business
Cedi hits ¢12 to $1 mark
The Ghana cedi’s depreciation against major international currencies of trade continues as it crosses the ¢12 to $1 mark this week.You now need ¢12.10...
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