We have reduced our total debt over the last five months by almost GHc150-billion, which is very significant” President John Dramani Mahama revealed at a session during the African Development …
Bank of Ghana
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Economy and FinanceLifestyleNews
Prof Gatsi bids farewell to UCC after 19 years …as he assumes Bank of Ghana role
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Professor John Gartchie Gatsi, Dean of the University of Cape Coast School of Business, has officially said goodbye to the University after …
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The Bank of Ghana data published last week, after the its Monetary Policy Committee, shows easing inflation, disciplined fiscal management, favourable external sector developments amidst tightening policy rate as key …
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Economy and FinanceLifestyleNewsPoliticsTechnology
BoG posts strong economic outlook
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The current strengthening of Ghana’s economy evident by significant improvements in its key economic performance indicators strongly shows growing confidence in the fortunes of …
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Economy and FinanceLifestyleNews
Banks reducing interest rate amidst monetary policy rate tightening
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Bank of Ghana’s Monetary Policy Committee (MPC) in the past two months tightened the monetary policy rate to 28 percent for the months …
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Economy and FinanceNews
Lending rates decline despite BoG’s tight monetary stance
by Adnan Adamsby Adnan AdamsDespite these positive developments, the Committee observed that the current level of inflation remains high relative to the medium-term target and will require maintaining the tight stance to reinforce the …
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Economy and FinanceNews
BoG to operationalize Islamic finance in Ghana soon
by Adnan Adamsby Adnan AdamsThere are also the other aspects of Islamic financing involved. So, we are working on it. Hopefully, very soon when we are ready, we can consider licenses to establish Islamic …
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Economy and FinanceNews
Ghana Cedi @60: Bank of Ghana announces nationwide activities to mark anniversary
by Adnan Adamsby Adnan AdamsIn a public notice issued on May 13, 2025, and signed by the Secretary of the Bank, Sandra Thompson, the central bank highlighted the significance of the Cedi as a …
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Economy and FinanceNews
Cedi rebounds from world’s worst to best performing currency
by Adnan Adamsby Adnan AdamsThe cedi’s rebound has injected optimism into Ghana’s economy, easing inflation to 21.2% in April and revitalizing business confidence.
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Economy and FinanceNewsPolitics
Cedi’s buoyant performance driving inflation down …but still faces risk
by Adnan Adamsby Adnan Adamsmarket analysts want both monetary and fiscal authorities to consolidate the recent gains of the Ghana cedi and guard against a potential reversal.