Bog

Absa-UPSA Roundtable: BoG Inflation Targeting framework effective, government fiscal policy weak – Professor Quartey

Recent global shocks require Central Banks in Africa to coordinate monetary policy measures—Addison

ADB, pioneers in global remittance services in Ghana

GhIPSS launches GhanaPay to integrate mobile money and banking services

BoG wins Central Banking’s Fintech Policy of Year Award 2022

Ghana earns more from primary export commodities; CPI up 4.7% in first 2 months of 2022

Implement a policy for foreign firms to keep part of profit here for 3 years – PEF boss to BoG

DBG brings establishment of modern market-oriented DFIs to support economy – Governor

BoG optimistic of lower inflation rate in coming months

Ghana gets $1bn pledge from banks to spur finances

Banks investments hit ¢83.9bn; tilted towards long-term debt instruments – BoG

We should remain vigilant and ready to take additional policy measures – Governor

Interest payments hit ¢10.6bn in quarter 1; domestic interest payments constitute 82.7% – BoG

BoG to augment channels of complaints with implementation of fully-fledged Contact Centre

BoG received 857 complaints from customers of financial institutions in 2021

Banks wrote-off ¢768.29m as bad debt in April 2022

New vehicle registration, port activity dip, but passenger arrivals shoot up in quarter 1 – BoG

Number of advertised jobs decreased marginally to 2,777 in April 2022 – BoG

Efforts underway to return country to economic stability – BoG assures Ghanaians

Trading in dollars, others: banks, forex bureaus are only licensed institutions to do so – BoG

Newmont sells gold to BoG to boost country’s reserves

Currency outside banks grow consecutively in first 4 months of 2022 despite rising inflation

Revocation of GN Bank license: Court of appeal upholds BoG application

We remain confident in ongoing policy to re-anchor inflation expectations, restore economic confidence – Governor

Prosecute BoG officials for cedi depreciation – AG petitioned

Interest rates surpass 20% mark to reflect Monetary Policy increase

We’ve taken cautious approach to pilot digital currency – Governor

Tighten fiscal discipline to complement efforts at addressing inflation – ICAG to government

Ghana’s gross reserves dips to $8.34bn in April 2022

Banks register ¢2.9bn profit in 4-months of 2022

Strong economic growth to persist, but consumer and business confidence dip – BoG

BoG increases policy rate to 19%, cost of credit to go up

Government to pay 25% interest for 3-year bond

Average lending rate rises to 21.6% in April 2022 – BoG

Mobile Money transactions register 9.99% year-on-year growth in 4-months of 2022

Ghana’s public debt hits ¢391bn as of quarter 1, 2022

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