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We recorded zero BoG financing from 2017 to 2019 and 2021 until Covid-19 set in – Governor
Ghana’s inflation on course to outperform IMF’s target for end-2023 – Report
Cedi ended 2023 with depreciation of 15.57% to dollar
Cocoa Syndicated Loan inflows ease pressure on cedi; $1 equals ¢12.18
BoG to auction $120m to BDCs in quarter 1, 2024
Cheques cleared in quarter 3, 2023 estimated at ¢71.3bn – BoG
T-bills auction: Interest rates remain relatively same; Government secures ¢3.575bn
First tranche of Cocoa Syndicated Loan credited to BoG account
Banks wrote off ¢3.19bn as bad debt in October 2023
Credit risk remains elevated, slows down new lending by banks – BoG
Banking industry: Shareholders’ funds contract by 4.2% to ¢25.4bn – BoG
Investments constituted largest component of total assets of banks as of October 2023; hit ¢103.7bn – BoG
Top 10 NTEs fell to $241.8m in quarter 3 of 2023; Tuna accounts for largest share of exports – BoG
Inflation to remain above medium target of 8%±2 – BoG
BoG is an institution of excellence; it saved banking sector from collapse – Akufo-Addo
Tourist arrivals up 17.8% year-on-year in Q3, 2023; Container traffic dips
Jobs advertised increased 16.6% year-on-year in quarter 3, 2023; Services sector accounts for 78% – BoG
Domestic economic activity improved in quarter 3, 2023 – BoG
Ofori-Atta praises BoG for aiding in reset of Ghana’s financial architecture
Ghana’s average inflation to hover around 18% in 2024 – Fitch Solutions
We have invested heavily in technology to correct bank weaknesses
Evidence is clear economy is responding to policies by BoG – Governor
Insights from BoG Governor: Unpacking pre-covid stability and post-covid crisis
BoG cautions public against schemes that advertise sophisticated products
Government to borrow ¢94.4bn via T-bills in 2024
Repatriate part of proceeds or face sanctions including jail terms – BoG warns exporters
Banks capital quality boosted due to implementation of Basel Capital Standards – Governor
Pace of cedi depreciation to slow down this week following BoG’s timely additional measure
Banking sector shows stability; banks record ¢7.10bn profit as of October 2023 – Governor
Domestic Gold Purchase Programme: BoG has purchased $1.14bn worth of gold – Governor
Ghana Financial Stability Fund has taken off – Governor
BoG’s losses in 2022 were necessary to save Ghana’s economy – Dr. Addison
T-bills auction: Interest rates return to upward trajectory; Government misses target by 30%
Payment industry records significant growth in 2022; value of interbank transactions up 20.24% – BoG
Economic stability taking shape; We will consolidate gains – 1st Deputy Governor
BoG increases minimum paid up capital of Credit Bureaus to ¢6m
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