Search

Ghana Maintains Hawkish Stance as Central Bank Lifts Policy Rate to 28%

Subscriber only Subscriber only
Allen dreyfus Logo
© Allen Dreyfus
  • Monetary tightening continues amid persistent inflation
  • Liquidity pressures and fiscal expansion cited as key drivers

Accra, Ghana – Ghana’s central bank raised its benchmark policy rate by 100 basis points to 28% following the Monetary Policy Committee’s 123rd regular meeting on March 28, extending its tightening cycle in a bid to curb persistent inflation and safeguard financial stability.

You need an active subscription to continue reading this article.

Recent Business

Farm export. Photo by Soo Ann Woon @ Unsplash
South Africa’s farm exports to US jump despite tariff threat
Read More »
Roundabout in Yaounde, Cameroon @ Pexels
Cameroon seeks $1.7 billion in fresh borrowing to cover fiscal gap
Read More »
Ecobank building @ Pexels
Is Ecobank’s AI bet paying off as Nedbank exits and Nkontchou doubles down?
Read More »

Recent Politics

Photo by Omotayo Tajudeen © Unsplash /Nigeria
Nigeria arrests Al-Qaeda-linked rebels disrupting food supply
Read More »
Kenya youth protest @ Unsplash
Kenya’s Gachagua cuts short U.S. trip as political feud with Ruto heats up
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
Read More »

Latest Posts

Latest news insights