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Bank of Ghana increases policy rate from 24.5% to 27%

Ghana’s Central Bank has increased the benchmark interest rate as the significant upside risks to inflation outlook remain. To continue to contain inflationary pressures, the Monetary Policy Committee on Monday, November 28, 2022 decided to increase the policy rate by 250 basis points to 27.0 percent. This means cost of …

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2023 Budget: Parliament to debate tomorrow

On Tuesday, November 29, 2022, members of parliament (MPs) will start debating the 2023 Budget Statement. The debate is expected to focus on finance, agriculture, trade, and industry on November 29, communications, energy, roads, works, housing, sanitation, and the environment on Wednesday, and health, youth and sports, education, tourism, culture, …

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