The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained its policy rate at 25.5 percent today, citing the declining trends observed in headline inflation, core inflation and postive inflation expectations.
Tag: Monetary Policy Committee (MPC) of the Bank of Ghana (BoG)
Ghana Reduces Key Policy Rate
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has reduced its policy rate from 26 percent to 25.5 percent, citing fragile global economy, easing domestic inflation, and weak growth.
Ghana Keeps Key Rate at 26% for 3 Consecutive Times
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained its policy rate at 26% for three consecutive times this year, citing declining inflation and stability of the Ghana Cedi.
Ghana Maintains Key Policy Rate for 2 Consecutive Times
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained its policy rate at 26% for consecutive times this year, citing a balanced risks to inflation and growth. The policy rate is the rate at which the Central Bank does its overnight lending to the universal banks in the country. It also influences […]
Ghana: Key Rate Remains Unchanged
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained the policy rate at 22%, citing domestic fiscal pressures such as exchange rate fluctuations, volatility in commodity prices, and the anticipated change in US monetary policy.
BoG Maintains Policy Rate
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained its policy rate at 21 percent, citing drop in the risk to inflation resulting from lower oil prices on the international market.
Ghana Faces Debt Unsustainability Quagmire
GHANA’S economy, which grew by 6.7% of Gross Domestic Product (GDP) in the first quarter of the year, is facing debt sustainability challenges, as the Mahama-led government keeps on contracting more loans to undertake development projects in the country.
Cost Of Doing Business Goes Up As Key Policy Hikes
COST of doing business in Ghana is expected to go up following the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) decision to increased its policy rate from 19% to 21%.
Ghana Holds Key Policy Rate On Account Of Weak Growth
THE Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained the policy rate at 19%, citing fiscal pressures and the volatilities in exchange rates, inflation outlook, mixed commodity price movements, and weak global growth.