Bank of Ghana
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BUSINESS NEWS
Gold propels economy to US$2 billion trade surplus in 2020
The economy recorded a trade surplus of US$2 billion last year, equivalent to 3% of gross domestic product (GDP), on…
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BUSINESS NEWS
BoG develops new LAF for solvent banks, savings and loans companies
The Bank of Ghana (BoG) has developed a new Liquidity Assistance Framework (LAF) to provide emergency financial support to solvent Banks, Savings…
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BUSINESS NEWS
Public debt, Ofori-Atta and the records; In the midst of complex challenges
The announcement by the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) that the public debt stock as at the…
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BUSINESS NEWS
Economic recovery will be prolonged – Bank of Ghana cautions
The Bank of Ghana (BoG) has expressed fears that economic recovery from the havoc wreaked by the COVID-19 pandemic will take longer than initially…
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BUSINESS NEWS
Nana Addo renews tenure of BoG Governor, Dr. Ernest Addison
The tenure of the Governor of the Bank of Ghana, Dr. Ernest Addison has been renewed by President Nana Akufo-Addo…
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BUSINESS NEWS
BoG keeps policy rate at 14.5%
The Monetary Policy Committee of the Central Bank on Monday (1 February 2021) maintained the policy rate at 14.5%. This is the…
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BUSINESS NEWS
Ghana’s debt stock rises to 74.4% of GDP, now at GH¢286.9 billion
Ghana’s debt situation continues to deteriorate as shown by new figures released by the Bank of Ghana. Total public debt…
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BUSINESS NEWS
COVID-19: Policy makers face uncertainties amid second wave
Amid the second wave of the coronavirus pandemic, policymakers currently face uncertainties on how the economy will respond, Director of…
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BUSINESS NEWS
BoG to ‘arrest’ cedi’s depreciation with US$775 million injection
As part of measures to ensure the economy has a stable local currency for the year, and especially in the…
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BUSINESS NEWS
We have enough reserves to keep cedi stable in 2021 – BoG
Governor of the Bank of Ghana, Dr. Ernest Addison, has said measures have been put in place to ensure the stability of…
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