The Monetary Policy Committee of the Bank of Ghana has kept its policy rate unchanged at 14.5 per cent.
Speaking at a virtual Monetary Policy Committee (MPC) Meeting Press Conference, Ernest Yedu Addison, the Governor of the central bank said this was due to growth concerns.
Answering questions from journalists he noted that the BoG still needs more time to look at the impact of current development on reserves and the the banking sector.
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
-
Man remanded for uploading nude videos of a lady he lured into a relationship
4 hours -
Explainer: What is the Cash Waterfall Mechanism?
4 hours -
Survivors of child trafficking overcome adversity, excel in tertiary education
5 hours -
Confront the barriers to your progress – Professor Lydia Aziato challenges the youth
5 hours -
Expertise France leads EU-funded initiative empowering African Journalists to combat human trafficking
5 hours -
Ghana Grows Programme empowers Ghanaian youth through Youth Policy Dialogue
5 hours -
Eastern NDC raises GHS5.4m to support Mahama’s 2024 campaign
6 hours -
Kumawood actress Akyere Bruwaa condemns death rumours
6 hours -
Ghana Institution of Engineering calls for proactive measures to prevent flood disaster
6 hours -
Who pays for the extra cost? – COCOBOD CEO questions EU on new regulations
6 hours -
‘Dumsor’ will be over by end of May – Former NPP MP assures
6 hours -
Power crisis is not about money – NPP Manifesto Committee member
6 hours -
Education Minister urges graduates to embrace opportunities
6 hours -
UN rights chief ‘horrified’ by mass grave reports at Gaza hospitals
7 hours -
We need more resources to deal with flooding – NADMO
7 hours