BoG drops policy rate to 27%

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The Monetary Policy Committee of the Bank of Ghana has dropped the policy rate by 200 basis points to 27 per cent.

This is a result of the macro economic indicators trending in the right direction. 

Announcing the decision, the Governor of the Bank of Ghana, Dr Ernest Addison said  the macro economic indicators are expected to trend further down as the government implements the IMF programme.

More to follow

 

Source: graphic.com.gh


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Kennedy Mornah is an Award Winning Ghanaian Journalist with over two decades of experience in the Ghanaian Media landscape spanning the electronic, print and digital media. He is a Media Consultant, a Corporate MC, Radio and TV Host, Founder and Publisher of the Maritime and Transport Digest Newspaper, Businessman, a Go getter and an optimist. He has worked for renowned media organizations including Diamond Fm in Tamale, Luv Fm in Kumasi, Oman Fm in Accra and Starr Fm in Accra In 2017 he received the Reporter of the Year Award at the Ghana Shippers Awards in Accra, Ghana.

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