The Bank Of Ghana And Lending To The Government: Some Checks And Balances
The Bank of Ghana has defended its breach (in 2022) of the limit on lending to the government by appealing to section 30(6) of the Bank of Ghana Act (2002):….
Tag: bank of ghana
Bank Of Ghana’s Vital Task Of Guiding Inflation Back To 8% Target Is Not Hindered – IMF Resident Rep.
The International Monetary Fund (IMF) Resident Representative in Ghana, Dr. Leandro Medina, has said that the Bank of Ghana’s task of guiding inflation back to its 8 percent target in….
GHS60.8Bn Wasn’t Money Lost By BoG Through Its Operations In 2022 – Governor
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said the GHS60.8billion loss reported was a technical loss arising from the haircut and the application of accounting standards….
Minority’s Demand For Resignation Of BoG Governor And Deputies Irresponsible – Prof Adei
Economist and Educasionist Professor Stephen Adei has taken a swipe at the Minority in Parliament over their call for the resignation of the Governor of the Bank of Ghana (BoG)….
BoG Issues: It’s Either The Minority Are Exaggerating Or Haven’t Examined The Facts – Majority Leader
The Majority Leader Osei Kyei-Mensah-Bonsu has said it is either the Minority in Parliament are exaggerating the issues of the Bank of Ghana (BoG) are have not had the time….
Bank Of Ghana Is Taking Part In Govt’s Debt Exchange Hence GH¢60.8Bn Loss – IMF
The International Monetary Fund (IMF) has repeated the reasons that the Bank of Ghana (BoG) gave for the GH¢60billion loss it incurred as the actual cause of the BoG loss…..
Navigating BoG’s GH¢60 Billion Loss Absorption In DDEP
In a strategic move to safeguard the economy’s stability, the Bank of Ghana (BoG) stepped in as a loss absorber during the recent domestic debt exchange programme (DDEP), absorbing substantial impairment losses…..
We Cannot Be Insolvent Or Bankrupt – BoG Replies NDC
The Bank of Ghana has assured key stakeholders and the general public as a whole that the highest standards of prudent management, governance and transparent accounting and audit practices have….
Attacks On Bank Of Ghana Unfounded – Stephen Amoah
The attacks on the Bank of Ghana (BoG) by the National Democratic Congress (NDC) and their Minority in Parliament for the GH¢60.8billion loss, are unfounded, Deputy Minister of Trade And….
Current Head Office Not Fit-For-Purpose – BoG Justifies Construction Of New Headquarters
The Bank of Ghana (BoG) has confirmed that it is in the process of building a new headquarters in Ridge, a suburb of Accra. The initial allegation of the new structure was….