According to the International Monetary Fund (IMF) 2023 report, there will be an amendment to the BoG Act that will feature a stricter limit for monetary financing, mechanisms to monitor and... Read more
The Vice President congratulated the Bank of Ghana for setting the pace in Africa and charged financial industry players to take full advantage of the capabilities of the FICSOC, while conti... Read more
Governor of the Bank of Ghana, Dr. Ernest Addison has said in the first four months of the year 2023, broad money supply recorded strong growth, driven an expansion in Net Domestic Assets of... Read more
Governor of the Central Bank, Dr. Ernest Addison has revealed that Cocoa beans export rose by 30.3 percent to US$950.8 million, largely on the back of increased production volumes from Octob... Read more
Crude oil exports fell by 36.7 percent to US$1.2 billion, mainly on account of both lower price and production volume effects as the TEN fields declined from a production of 30,000 barrels p... Read more
According to him, it attracts foreign exchange through tourism receipts, stimulates local businesses, and contributes to the country's economy Read more
The marginal recovery was supported by the successful conclusion of the DDEP, progress made with Ghana’s external debt restructuring towards attainment of the IMF programme, weakening US dol... Read more
“There is a $600 million release, and we will be working with the IMF to see if we can get it by tomorrow, and then we will move on to the next 6 months which will be another $600 million, a... Read more
Their comments come following the approval of the $3 billion-dollar loan request by the IMF board on Wednesday, May 17, 2023 Read more
The Governor noted that the money would boost the country’s reserves and the Cedi which is already doing very well in recent times Read more
This decision was made in order to prevent prolonged power outages and the associated negative impacts on employment and livelihoods, while also trying to minimize the effect of the rate hik... Read more
A statement signed by Mr Selasi Kofi Ackom, Chief Executive Officer said he had symbolically presented the Conference Credence to H.E Albert M. Muchanga – AU Commissioner Economic Developmen... Read more
The visit was to engage the Ministry on avenues the two countries can deepen their bilateral relations and ramp up economic and trade ties to the mutual benefit of citizens of both countries Read more
The Deputy Minister welcomed the delegation to Ghana and took the opportunity to introduce Ghana’s business environment to them Read more
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