Bank of Ghana
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Managing an economy is tough, but Ofori-Atta and his team have been a failure – Duffuor
Ofori-Atta prepares to visit China for support over its loans to Ghana
Ghana's finance minister Ken Ofori-Atta is scheduled to visit China for talks over his inability to pay back its huge debt obligations to the Asian lender.
GH military partners with private company to build ‘Bullion vans’ for safe transportation of bulk cash
A Ghana-based company Kenaki has partnered with an autonomous company managed by the military to build robust armoured vehicles to transport bulk cash by banks.
Latest public debt figures show every Ghanaian citizen now owes GH¢17,445
The latest public debt figures released by the BoG show Ghana is owing a whopping GH¢575.7 billion as of November 2022, which means each citizen owes GH¢17,445.
Ghana’s $3bn IMF bailout loan under threat; Akufo-Addo warned against borrowing from BoG
The IMF has asked the Bank of Ghana (BoG) and government to sign a firm agreement aimed at ending the government's excessive borrowing from the central bank.
Individual bondholders show Ofori-Atta how he can easily raise GH¢83bn after few tweaks
Individual bondholders have proposed some easy strategies and prudent fiscal adjustments that the finance minister can implement to raise close to GH¢83 billion
Cedi still depreciating; now $1 sells for GH¢13.20 at forex bureaus on Jan 25
Data available on how the local currency is performing against the US dollar shows that the Ghana cedi has been depreciating marginally against the US dollar.
“The auction failed” – BoG explains why COCOBOD payments were withdrawn from investors’ account
BoG has clarified last week's directive to banks to withdraw COCOBOD bond payments made into investors' accounts, explaining that the bonds were undersubscribed
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NPP's Assibey-Yeboah slams Ofori-Atta’s DDEP; fears looming economic catastrophe
NPP'S Dr Mark Assibey-Yeboah has painted a very gloomy picture about the likely outcome of the Domestic Debt Exchange Programme (DDEP) if it's made to stand.
BoG reportedly directs banks to ‘secretly’ roll over COCOBOD bonds
Bank of Ghana (BoG) has, without reason, asked commercial banks to take back payments it made into accounts of COCOBOD bond investors after maturity on Thursday
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