Audio By Carbonatix
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the Policy Rate by 250 basis point to 24.5%.
This is the highest policy rate increase since 2017.
The rate hike means it will become more expensive to borrow from the banks, a situation that will push the cost of living and doing business in the country further up.
Tonight, the business edition of PM Express will analyse the impact of the decision by the MPC on the economy and Ghanaian businesses.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
‘Democracy under attack’: We’re not against accountability, but against selective justice – Afenyo-Markin
48 seconds -
Livestream: Gov’t holds interfaith memorial service for victims of August 6 helicopter crash
11 minutes -
GMTF partners MDS-Lancet, Quest Medical Imaging to expand access to quality diagnostics
55 minutes -
NPP demonstration meant to mar one-year helicopter crash anniversary – Solomon Owusu
1 hour -
President Mahama concludes Jamaica visit with Seville Heritage Park tour
1 hour -
The August 6 tragedy and Ghana’s Galamsey fight: Any lessons learnt?
1 hour -
Police intercept 866 parcels of suspected cocaine hidden in bags of gari, 3 suspects in custody
1 hour -
Today’s front pages: Thursday, August 6, 2026
3 hours -
Richard Agyare honoured by NPP UK East London Chapter for dedicated service
5 hours -
General Johnson Asiedu Nketia: The Professor of Ghana’s Politics
5 hours -
Oppong Nkrumah demands full disclosure of BoG financing for gold purchase programme
5 hours -
GNAT urges calm over BECE results, asks dissatisfied candidates to petition WAEC
5 hours -
Seth Terkper calls for greater use of diaspora remittances to drive Ghana’s development
5 hours -
UK-based Ghana gov’t-sponsored students to undergo mandatory oath, scholarship validation exercise
5 hours -
IMF-reported DGPP losses were necessary for economic recovery – Sagnarigu MP
6 hours