Tag Archives: Policy

The Bank of Ghana (BoG) has maintained the policy rate at 19%. Addressing the media on Monday, July 25, 2022, after the Monetary Policy Meeting, the Governor, Ernest Addison disclosed that one of the reasons for maintaining the rate among other things has to do with how inflation has persisted …

The World Bank says that additional policy reforms in investment and trade facilitation can further enhance trade flows between Ghana and the rest of the sub-region. In its Ghana Trade Competitiveness Diagnostics report, it urged the Government to among other things, take either administrative or regulatory steps to reduce port …

Government has cancelled the policy which required students to provide three guarantors to secure a loan. Ghanaian tertiary students will no longer require three SSNIT contributors as guarantors before they can secure student loans to pursue tertiary education. Prior to election 2020, the New Patriotic Party (NPP) promised to cancel …

Government has cancelled the policy which required students to provide three guarantors to secure a loan. Ghanaian tertiary students will no longer require three SSNIT contributors as guarantors before they can secure student loan to pursue tertiary education. Prior to election 2020, the New Patriotic Party (NPP) promised to cancel …

EU sanctions on Russian banks are exacerbating Africa’s growing food crisis by making it difficult to pay for wheat exports, according to African Union chair and Senegal President Macky Sall. He told EU leaders that the worst is still ahead if global food supply issues persist. The food crisis has …

The Bank of Ghana Monetary Policy Committee has reviewed the policy rate by 200 basis points from 17 percent to 19 percent. Governor of the central bank, Dr. Ernest Addison speaking at a press conference on Monday May 23 explained the move is meant to stem inflation which has been surging in recent …

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the policy rate by 250 basis points from 14.5% to 17%. This comes after the Committee of the Bank of Ghana, held its 105th meeting from Wednesday, March 16, to Friday, March 18, 2022, to review economic developments of the …

Presidential Advisor on Health, Dr. Anthony Nsiah-Asare Government says there is no official mandatory COVID-19 vaccination policy in Ghana. According to government, although its position with regards to COVID-19 vaccination is backed by data, “there is no current mandate requiring mandatory vaccine rollouts within the country.” This was contained in …

  The Bank of Ghana has maintained the monetary policy rate at 14.5%. This is the second time the Bank of Ghana has decided to keep its lending rate to commercial banks in the country. In a press release dated 31st January 2022, the BoG further stated the spillover of …

  President of policy think tank Institute for Liberty and Policy Innovation (ILAPI), Peter Bismark Kwofie, has noted that the Nation Builders Corps, which was established to create jobs opportunity for graduates, is near collapse. He said although the original plan was to help beneficiaries establish their own businesses, the …