Gold-for-Oil Program Suspended by Ghana’s Central Bank Boss
Ghana’s new central bank chief has suspended the West African nation’s program of paying for oil with gold and said he ...
Ghana Lender’s 81% Bad Loan Ratio Spurs Central Bank Outreach
Ghana’s central bank said it’s in talks with domestic lenders on how they should tackle a rise in bad loans that in part ...
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Whoever created BoG’s GH₵53bn negative equity mess should be held responsible – Dr. Atuahene
Banking consultant Richmond Atuahene has called for accountability regarding the Bank of Ghana's (BoG) GH₵53 billion negative equity, insisting that those responsible for the crisis must be held ...
Ghanaweb.com1mon
World Bank blames Ghana's fiscal woes on lack of budget discipline
The World Bank has identified a lack of budget discipline as the primary cause of Ghana’s ongoing fiscal challenges, citing unchecked public spending, rising interest payments, and increasing ...
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Mahama reiterates commitment to ensuring Bank of Ghana operates free from political interference
President John Dramani Mahama has reiterated the Government’s commitment to ensuring that the Bank of Ghana (BoG) operates free from political interference, guided solely by its mandate. “This is the ...
Ghanaweb.com1mon
Ghana faces fiscal imbalance, a decade of overspending and debt - World Bank
The World Bank Public Finance Review Report reveals a troubling trend in Ghana’s fiscal management, marked by a significant lack of budget discipline since 2010. The nation’s public spending ...
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Lack of fiscal discipline plunged Ghana into full-fledged crisis in 2022 – World Bank
The World Bank has disclosed that a lack of fiscal discipline and expensive fiscal response to global shocks plunged Ghana into a full-fledged crisis in 2022. In its key findings in the Ghana ...
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Development Bank Ghana, German Parliamentarians in Strategic Dialogue on Economic Empowerment and Green Financing
Development Bank Ghana (DBG) hosted a distinguished delegation from Germany’s Bundestag (Federal Parliament). The visit took place at DBG’s headquarters recently. The German delegation was led ...