Ghana Completes First Review Of IMF Programme
Finance minister, Ken Ofori-Atta, has confirmed that Ghana has completed its first review of the IMF programme. According to him, a lot of hard work has gone into it and ...
Tag: Monetary policy
IMF Calls For Implementation Of Rules On Non-Bank Financial Sector To Prevent Turmoil
Staff economists from the International Monetary Fund (IMF) have disclosed that the non-bank sector now accounts for half of the assets of the entire world financial system, hence, should be ...
Declining Inflation, BoG’s Rate Cut Reasons for Cedi’s Recent Stability- Analyst
Mr. Kwabena Nyarko, a Financial Market Expert and the CEO of Pipliquidator Fx has waded into the debate of potential reasons for the cedi’s recent stability against major trading currencies, ...
World Bank Projects Continuous Tightening Of EMDEs’ Monetary Policy
The World Bank has forecasted a continuous tightening of the monetary policy in Emerging Market and Developing Economies (EMDEs), including Ghana. According to the World Bank, slowing inflation is set ...
Import Reduction, Monetary Policy and IMF deal Accountable For Cedi Appreciation – BOG
Dr. Philip Abradu-Otoo, the Director of Research at the Central Bank of Ghana, has disclosed reasons for the sudden rise in the value of the cedi after over ten months ...
Financing Huge Deficit Poses An Upside Risk Of Pushing Inflation To 45%
The increase in monetization of the fiscal deficit poses an upside risk to inflation. According to GCB Capital and Investment Bank, unless the Monetary Policy Committee (MPC) of Bank of ...
Let’s Look At The Fiscal Policies To Support The Monetary Policies- GNCCI
Chief Executive Officer of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu Aboagye, has expressed the need for government to consider fiscal policies in supporting the monetary ...
Monetary Policy Response Directed At 2nd Round Effects Of Supply-Side Shocks – Dr. Addison
Governor of the Bank of Ghana (BoG) has clarified that the monetary policy response by the Central Bank to tackle inflation was targeted at the second round effects of supply-side ...
Consumer Spending Posted Positive Performance In January 2022 – BoG
Domestic economic activity has continued to show signs of recovery from the adverse effects of the COVID-19 pandemic. The Bank of Ghana disclosed that consumer spending, proxied by domestic VAT ...
European Central Bank To Discontinue Net Asset Purchase Under PEPP In March 2022
The Governing Council of the European Central Bank (ECB) has disclosed that it will discontinue the net asset purchases under the Pandemic Emergency Purchase Programme (PEPP) at the end of ...
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