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Tag: Bank of Ghana

Former Minister of Energy, Dr Matthew Opoku-Prempeh, has publicly thrown his support behind former Vice President Dr Mahamudu Bawumia, describing him as the most capable, prepared and winnable candidate to lead Ghana. Speaking in an exclusive interview...
A Municipal Chief Executive (MCE) has taken legal action against a National Democratic Congress (NDC) assembly member for allegedly calling him a “thief,” a comment the MCE describes as defamatory and damaging to his reputation. According to...

Bawumia’s Gold Purchasing Scheme Rescues Ghana’s Economy

The Bank of Ghana (BoG) has announced that it will begin foreign exchange (FX) intermediation under its Domestic Gold Purchase Programme (DGPP) this month,...

BANK OF GHANA TO INJECT USD 1.15BN INTO FOREX MARKET TO STABILISE THE CEDI

Institute of Political Studies, IPS-Ghana Perspective The Bank of Ghana’s announcement to inject USD 1.15 billion for forex market intermediation sets it on a direct...

Ghana’s Public Debt Rises to GH¢628.8bn in July – Bank of Ghana

Ghana’s total public debt stock rose by GH¢15.8 billion in July 2025, reaching GH¢628.8 billion, new data from the Bank of Ghana has revealed. This...

Ghana’s Trade Surplus Marginally Reduce to $6.2bn in Eight Months — BoG Governor

Ghana has posted a trade surplus of $6.2 billion in the first eight months of 2025, driven mainly by strong gold exports and higher...

Ghana Cedi Now World’s Worst-Performing Currency – Bloomberg

The Ghana cedi has been ranked the world’s worst-performing currency in the third quarter of 2025, according to a Bloomberg report, marking a sharp...

Gov’t Misses T-Bill Target for Third Straight Week as Interest Rates Increases

The government failed to meet its treasury bills (T-bills) target for the third consecutive week, underscoring investor preference for alternative high-yielding instruments such as...

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...

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