Ghana’s central bank will create an enabling environment to ensure that more credit is channeled to the manufacturing sector to boost industrialization in 2026, Bank of Ghana Governor Johnson Asiama said on Tuesday. Asiama said during the 77th Annual New Year School and Conference organized by the University of GhanaContinue Reading
The Bank of Ghana (BoG) on Wednesday announced a further 350-basis-point cut in the benchmark lending rate to 18 percent, down from 21.5 percent, citing a positive inflation outlook and the need to support economic growth. During a regular Monetary Policy Committee (MPC) press briefing, Bank of Ghana GovernorContinue Reading
Bank of Ghana Governor Johnson Asiama has urged the banking sector to broaden access to credit to support private sector-led growth in the economy. Speaking at a meeting Wednesday with chief executives of commercial banks in Accra, the Ghanaian capital, Asiama said the recent decision to lower the benchmark policyContinue Reading
Johnson Asiama, Ghana’s central bank governor, said on Tuesday that the country has the capacity to withstand any anticipated shocks from the current Middle East crisis. Asiama made the remarks while addressing the Ghana Association of Banks’ Industry Thought Leadership lecture series in Accra, the Ghanaian capital. TheContinue Reading
Ghana’s central bank has announced a 100-basis-point hike in its benchmark lending rate to 28 percent to curb the persistent inflation in the country. Johnson Asiama, governor of the Bank of Ghana, announced this decision at a press briefing late Friday in Accra, the country’s capital, noting that the hikeContinue Reading
