How a GH¢15bn BoG intervention succeeded but GH¢60bn loss failed to spark growth
“From Survival to Expansion: Businesses Finally Breathe Again” Ghana’s economy may be teaching one of the harshest lessons in modern ...
Tag: Losses
BoG must not become loss-making machine – Gideon Boako
The Member of Parliament for Tano North and Member of Parliament’s Finance Committee, Dr Gideon Boako, has cautioned against describing ...
From crisis to confidence: Ghana’s remarkable economic turnaround – Nelson Cudjoe Kuagbedzi writes
Not long ago, Ghanaians were watching the cedi lose value almost weekly, prices at the market were rising faster than ...
BoG insists on policy solvency, inflation fight after GH¢15.63bn loss
The Bank of Ghana (BoG) says it remains financially capable of executing monetary policy even after posting a GH¢15.63 billion ...
BoG losses corrective; necessary for stabilisation – Economist
Economist and lecturer at the University of Ghana, Dr. Gloria Afful-Mensah, says Ghana’s recent macroeconomic stabilisation marked by easing inflation, ...
Bright Simons writes: Is talk of “losses” by GoldBod just abstract drivel?
Public policy advocacy is a constant wrestle between precision/rigour and clarity. I thought my recent piece on the GoldBod losses ...
Bank of Ghana’s recapitalisation and why government must tread cautiously – Nii Larte Lartey writes
Ghana’s financial ecosystem has long operated under tight constraints. Frequently marked by fiscal slippages, the Bank of Ghana (BoG) in ...
Top 10 SOEs recorded GHC11bn net loss in 2023 – Kpessa-Whyte
Professor Michael Kpessa-Whyte, Acting Director-General of the State Interests and Governance Authority (SIGA), has revealed that Ghana’s 10 largest State-Owned ...
Public funds won’t be used to recapitalize BoG – Thomas Ampem
Deputy Finance Minister-designate Thomas Nyarko Ampem has ruled out using public funds to recapitalize the Bank of Ghana following the ...
We incurred a GH¢8.3bn cost on open market operations; reducing inflation by 30% – BoG
The Bank of Ghana has clarified that its recent loss of GH₵10.50 billion for the financial year ending 2023 does ...
BoG losses: MoU for recapitalization to be signed by end of 2024 third quarter
A Memorandum of Understanding (MoU) for the early recapitalization of the Bank of Ghana (BoG) is expected to be signed ...
Tame inflation, GH¢60bn loss not excuse to shirk policy mandates – IMF tells BoG
The International Monetary Fund (IMF) has cautioned the Bank of Ghana, highlighting the importance of upholding its policy mandates despite ...
ECG losing billions of cedis to power theft, unpaid bills – Energy Minister
The Electricity Company of Ghana loses nearly GHS3.2 billion due to illegal connections, and non-payment of bills, among others, according ...
Mid-term elections: Trump hails ‘big victory’ despite House losses
President Donald Trump has hailed a "big victory" in US mid-term elections which saw Democrats seize of the House of ...
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