Tag Archives: BoG

OpinionPolitics

GHS22bn worth of new money printed by gov’t without approval of Parliament – Minority

The Minority Parliament has registered dissatisfaction about the government's support to the Bank of Government (BoG) to print more money without parliament's approval. According to the Minority led by Mr. Cassiel Ato Forson, between the periods of January 2022 to...

Business

BoG reduces policy rate to 13.5%

The Monetary Policy Committee of the Bank of Ghana has reduced its lending rate by a 100 basis point from 14.5 percent to 13.5 percent. What this means is that individuals and businesses will be seeing a drop in the...

Business

Ghana’s debt stock hits GHS304.6bn

Latest figures from the Bank of Ghana’s Summary of Economic and Financial Data, show that Ghana’s debt stock rose by GHS13 billion to hit GHS304.6 billion as of March 2021, representing 70.2% of Gross Domestic Product (GDP). The additional GHS13...

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