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Tag: Bank of Ghana

Former Deputy Foreign Affairs Minister and current member of Parliament’s Security and Intelligence Committee, Charles Wiredu, has raised serious concerns over Ghana’s agreement with the United States to accept deported West African nationals, warning that the...
Former Vice President and 2024 flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has unveiled a bold proposal to restructure Ghana’s budgeting framework into a constituency-focused model aimed at delivering equitable and locally driven...

BoG’s New FX Directive Risks Fuel Shortages, Black Market Surge – IERPP Warns

The Bank of Ghana’s (BoG) latest foreign exchange directive has triggered concern among market watchers, who fear it could choke liquidity, fuel shortages, and...

IFS Doubts Government’s Ability to Meet Revised GH¢229.95bn Revenue Target

The Institute for Fiscal Studies (IFS) has cast doubt on government’s ability to achieve its revised total revenue and grants target of GH¢229.95 billion...

Africa Policy Lens Slams BoG’s Directive on Foreign Currency Payments to Corporates

Policy think-tank, the Africa Policy Lens (APL), has described as “draconian and regressive” the Bank of Ghana’s new directive restricting foreign currency (FCY) cash...

Fitch Warns Six Ghanaian Banks May Struggle to Meet Capital Requirements

Global ratings agency, Fitch, has flagged that six banks operating in Ghana are unlikely to meet capital adequacy requirements through their own earnings alone. In...

World Bank Warns BoG Against Excessive FX Interventions

The World Bank has cautioned the Bank of Ghana (BoG) against excessive foreign exchange (FX) interventions, warning that such actions could distort market dynamics...

Alex Mould Questions Ghana’s High Interest Rates Despite Economic Improvements

Former Executive Director of Standard Chartered Bank, Alex Mould, has criticised Ghana’s persistently high interest rates, questioning why the Bank of Ghana (BoG) has...

Deloitte: Disinflation Opens Door for Bank of Ghana to Cut Interest Rates

Global professional services firm Deloitte has said Ghana’s sustained disinflationary trend provides the Bank of Ghana (BoG) with ample room to begin cutting interest...

Cedi Stable, But Dollar Is Scarce: Importers Cry Foul Over Dollar Shortage At Banks

A growing contradiction between official exchange rates and real-world market dynamics is wreaking havoc on Ghanaian businesses, particularly importers, who say they are being...

Government’s Treasury Bill Auction Falls Short for Third Consecutive Week Amid Investor Caution

For the third consecutive week, the Government of Ghana has failed to meet its Treasury bill (T-bill) auction target, signaling a potential shift in...

Government’s T-Bill Borrowing Hits GH¢95 Billion in Q1 2025 — A 48% Jump Over Previous Year

The Government of Ghana significantly ramped up its borrowing from the domestic short-term Treasury bill (T-bill) market in the first quarter of 2025, with...

Cedi Has Depreciated By 6.5% Against The U.S. Dollar Since January 1

Optimism surrounding the stability of Ghana’s currency, the Cedi, at the start of the year has been short-lived, as traders and analysts raise alarms...

Bank of Ghana has adequate reserves to support the cedi – Finance Minister assures.

Finance Minister Dr Mohammed Amin Adam has reassured businesses and market stakeholders, stressing that the Bank of Ghana (BoG) holds sufficient dollar reserves to...

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