The planned protest by the minority in parliament against Dr Ernest Addison, governor of the Bank of Ghana, has been put on hold. This comes after the court postponed making a decision on a... Read more
Mahama Ayariga, the member of parliament for Bawku Central, said the investigation into the $250 million earmarked for the Bank of Ghana's new headquarters would continue Read more
The penalties have been levied due to the banks’ breach of sections 3.4, 3.5, and 3.9 of the Ghana Interbank Forex Market Conduct rules Read more
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 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
According to a concerned member of NDC who wrote under anonymity,this agenda has fallen flat explaining that, it was during the tenure of Dr.Kwabena Duffuor as Governor of the Bank of Ghana... 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
According to the statement, the money was created to be used as a form of payment for the purchase of goods and services Read more
According to the Deputy Governor, purchasing of gold is not a new thing to the bank, adding that BoG introduced the gold purchase programme as part of building its reserves and the Central B... Read more
“We are here largely because BoG has so far printed over GH¢50bn in one year and depleted net international reserves to record lows as of end-Dec. 2022,” Read more
The approval of Ghana’s $3-billion extended credit facility by the board of the International Monetary Fund, is contingent upon the debt restructuring programme Read more
Comments