BoG Hikes Policy Rate By 250 Basis Points To 24.5 Percent
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has decided to increase the Monetary Policy Rate by 250 basis points to 24.5 percent. According to the Committee, ...
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has decided to increase the Monetary Policy Rate by 250 basis points to 24.5 percent. According to the Committee, ...
Ranking Member on Parliament’s Finance Committee, Dr. Cassiel Ato Forson, has stated that Ghana is going through sovereign insolvency stress which means that the country is not solvent. According to ...
The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group (AfDB), has approved a partial credit guarantee to support Benin’s mobilization ...
The World Bank has forecast GDP growth to slow considerably to 3.5 percent this year as the economy continues to struggle with rising debt, inflation and exchange rate instability. The ...
Moody's Investors Service, often referred to as Moody's, has stated the currency depreciation will be the major contributor to Ghana’s rising debt-to GDP-ratio in the 2022 fiscal year. According to ...
Global headwinds are slowing Africa’s economic growth as countries continue to contend with rising inflation, hindering progress on poverty reduction, the World Bank warned in latest report. According to the ...
International Rating Agency, Moody’s, has also downgraded Ghana’s long-term issuer and senior unsecured debt ratings to Caa2 from Caa1. According to Moody’s, the rating downgrade to Caa2 reflects the recent ...
A report published by the Ghana Stock Exchange (GSE) indicates that the value of debt and equity security holdings held by foreign investors in the country increased significantly in 2021 ...
The government of Ghana is very much on course with its expenditure rationalization efforts as provisional fiscal data show that both the overall fiscal deficit and the corresponding primary balance ...
Amid rising urgency for instruments to de-risk investment across Africa, the Africa Co-Guarantee Platform’s (CGP) six partners have affirmed commitments to better leverage guarantee and insurance products, resulting in more ...
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