We only provided credit to govt in 2020 and 2022 – BoG
The Bank of Ghana (BoG) has debunked claims that it has financed the government to the tune of GH¢80 billion. BoG said it did not...
Tag : BoG
Ablakwa reveals: Whistleblowers at BoG uncovered corruption within the Central Bank
The Bank of Ghana (BoG) has been accused of engaging in shady and wasteful practices in the construction of its new Corporate Head Office, which...
FULL TEXT: What IMF said about BoG’s GH¢60 billion DDEP-induced loss
The International Monetary Fund (IMF) has justified the Bank of Ghana’s GH¢60 billion impairment loss recorded in the 2022 fiscal year. The Bretton Wood institution...
Govt dismisses BoG recapitalization levy claim; describes it as ‘funny propaganda’
The Ministry of Finance has described as “funny propaganda” claims being disseminated by the National Democratic Congress (NDC) regarding an alleged upcoming tax aimed at...
Debt exchange programme: BoG announces relief packages for banks
The Central Bank has moved to address any potential impact of government’s proposed debt exchange programme on banks. This is to help “preserve financial stability”...
Ghana’s debt stock hits ¢402.4bn – BoG
According to the Summary of Economic and Financial Data published by the Bank of Ghana for October 2022, the total amount of the nation’s debt...
Ghana’s debt stock up ¢9bn to ¢402.4bn in July 2022 – BoG
Ghana’s public debt stock went up by ¢9 billion in July 2022 to ¢402.4 billion, the October 2022 Bank of Ghana Summary of Economic and...
Policy rate up to 17%
The Bank of Ghana (BoG) has announced that the Policy rate has been increased marginally to 17%. This was announced by the Governor of the...
Banks To Accept Only Ghana Card As Form of Identification Starting July 1 – BoG
The central bank has directed all financial institutions to only accept Ghana Cards for all transactions. The Bank of Ghana (BoG) says this order takes...