ALL POSTS FILED UNDER: BANK OF GHANA
$597 million Bank of Ghana cash missing
Add a CommentMarked depletion of foreign assets reserves at the Bank of Ghana (BoG) in the election year of 2012, yesterday became a huge bone of contention at the resumed sitting of the Public Accounts Committee (PAC) of Parliament. At the sitting … Read more →
Statement: Bank of Ghana reacts to Fitch
Add a CommentThe issuance of currency by the Bank of Ghana is not to finance the government deficit, but to support general economic activity, the Central Bank has maintained. In a statement to react to claims by rating agency Fitch that the … Read more →
U.K. rating agency claims Bank of Ghana is printing money to fix budget deficit
Add a CommentU.K. rating agency Fitch has raised serious concerns about the Bank of Ghana printing money to help finance the government’s budget deficit. According to the rating agency, the bank has done so to a level which is twice the bank’s … Read more →
Bank of Ghana Governor announces: Ghana’s public debt is now Gh¢56 billion
Add a CommentGhana’s total public debt is now at Gh¢56 billion, Governor of the Bank of Ghana, Dr. Kofi Wampah has announced. The country’s public debt saw a leap from Gh¢51.6 billion in December to hit almost Gh¢56 billion as of February … Read more →
Bank of Ghana injects US$20m into critical areas of the economy
Add a CommentThe Bank of Ghana (BoG) has injected $20 million into critical areas of the economy as part of efforts to shore up the cedi. Governor of the Bank of Ghana, Dr Henry Kofi Wampah, who disclosed this to the Daily … Read more →
Bank of Ghana Governor will go to jail if NDC loses power; he should pray – Ken Agyapong
Add a CommentThe Governor of the Bank of Ghana should pray the National Demoratic Congress (NDC) remains in power otherwise he will go to jail if the regime changes, that’s is the prediction of the vociferous Member of Parliament for Assin Central. Kennedy … Read more →
Prez. Mahama appoints Dr Abdul Nashiru Issahaku as Deputy Governor of the Bank of Ghana
Add a CommentPresident John Mahama on Wednesday appointed Dr Abdul Nashiru Issahaku as the Deputy Governor of the Bank of Ghana (BoG). Dr Issahaku’s previous job as Chief Executive Officer (CEO) of Export Development and Agricultural Investment Development Fund has now been … Read more →
Prez Mahama adds GH¢15.6 billion To Ghana’s Total Debt; Bank of Ghana reveals
Add a CommentData from the Monetary Policy Committee of the Bank of Ghana has revealed that President John Dramani Mahama has added a whopping GH¢15.6 billion to Ghana’s total public debt stock since being sworn into office as caretaker and substantive President … Read more →
Bank of Ghana settles on GHC 120million as minimum capital for new banks
Add a CommentNew banks entering Ghana’s banking industry will be required to have a minimum capital of GHC120 million Cedis. The Bank of Ghana has reviewed upwards the minimum capital required for commercial banks to operate in the country to GHC120 million from … Read more →
Dr. Kofi Wampah is new Governor of Bank of Ghana
Add a CommentActing governor of the Bank of Ghana, Dr. Henry kofi Wampah has been confirmed as head of the Central Bank. Joy Business has learnt that the affirmation was done last week by President John Mahama. Sources say Dr. Wampah is … Read more →
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