Tag: Bank of Ghana
IMF Deal Secured With DDEP – BoG
The Bank of Ghana (BoG) has clarified that securing a bailout from the International Monetary Fund (IMF) would have been challenging without the implementation...
BoG Gives Money To Gov’t To Waste; We Pay High Taxes...
The Chief Executive Officer of Dalex Finance Company, Ken Thompson, has stated that the current depreciation of the cedi and inflation being experienced are...
Ghana’s Foreign Exchange Reserves Now $6.2Bn
The Bank of Ghana (BoG) has indicated that its foreign exchange reserves have remained steady and estimated at $6.2 billion as of April 5,...
Inflation To Decline Between 13-17% By December 2024 – BoG
The Bank of Ghana is forecasting a further decline in headline inflation to between 13 – 17% by the end of 2024, before gradually...
Mahama Urges Minority To Monitor $600m IMF Cash In
Former President John Dramani Mahama has urged the minority in Parliament to vigilantly monitor both the Akufo-Addo-Bawumia government and the Bank of Ghana to...
Gov’t Receives Second Tranche Of US$600m From IMF
The Bank of Ghana has acknowledged receipt of US$600 million as the second tranche of Ghana’s bailout package with the International Monetary Fund (IMF).
The...
Inflation To Go Down In 2024 – BoG
The Bank of Ghana (BoG) anticipates a further easing of inflation in 2024, supported by the continued implementation of sound policies.
The sound policies will...
Cedi Depreciation To Slow Down
The pace of the depreciation of the cedi is expected to slow down, despite losing 1.22% last week to the US dollar, increasing its...
Seth Terkper Absolves Ato Forson In Ambulance Case
Former Finance Minister, Seth Terkper, has told an Economic and Financial Court in Accra, that he directed his then Deputy, Dr Cassiel Ato Forson,...
Standing strong with the Bank of Ghana
By Ken Ofori-Atta, Minister for Finance
There is an anonymous quote that says “banks are to the economy what the heart is to the human...
