Middle East tensions could threaten Ghana’s inflation gains – BoG Governor

Governor of the Bank of Ghana, Dr Johnson Asiama, has cautioned that rising tensions in the Middle East could undermine Ghana’s progress in reducing inflation, despite recent improvements in the country’s macroeconomic indicators. Speaking at the opening of the 129th meeting of the Monetary Policy Committee (MPC), Dr Asiama noted that developments in the global […]

People carrying over $1m out of Ghana without declaring – BoG Governor reveals

“People are carrying more than a million dollars out of Ghana without declaring it,” Bank of Ghana Governor Dr Johnson Asiama has revealed. Speaking on Joy News’ yet-to-be-aired PM Express Business Edition, he described such practices as major leakages that threaten the stability of the economy and undermine efforts to fight money laundering. “If you […]

Martin Kpebu commends BoG for reinstating dismissed staff, applauds Governor’s responsiveness

Legal practitioner and governance analyst, Martin Kpebu, has commended the Bank of Ghana (BoG) for reinstating nearly a hundred employees who were dismissed last week, describing the move as a commendable act of leadership and responsiveness to public sentiment. Speaking on Joy FM’s Super Morning Show on Friday, Mr Kpebu praised the Governor of the central bank, Dr […]

We have built adequate buffers to withstand external threats – BoG Governor assures

The Governor of the Bank of Ghana (BoG) Dr. Johnson Asiama has assured that the country has built the needed buffers to withstand external threats to the economy, particularly from the Iran Israel war in the Middle East. According to Dr. Asiama, “Ghana’s foreign reserve position, inflation trajectory, and fiscal adjustment efforts provide a solid […]

BoG Governor suspends Gold-for-Oil programme

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has announced the suspension of the country’s Gold-for-Oil programme due to unspecified policy and operational challenges. The decision marks a significant shift in Ghana’s economic strategy, as the initiative was originally designed to reduce reliance on foreign exchange for fuel imports and stabilise domestic […]