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Tag Archives: cedis note

BoG can’t print money to pay depositors of collapsed banks – Bawumia’s spokesperson

Dr Gideon Boako, spokesperson the Vice President, has said the government cannot ask the Bank of Ghana (BoG) print money to pay depositors of the collapsed financial institutions in the country. He said if that is done, it will amount to the central bank financing government expenditure, an action he …

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BoG to issue upgraded cedi notes on May 6

The Bank of Ghana (BoG) is expected to issue upgraded banknotes into circulation on May 6, 2019. The upgraded banknotes will have enhanced security features in line with evolving changes in technological landscape, according to the BoG. The bank additionally said in a statement that the upgraded banknotes also come …

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