Search

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

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.

Recent Business

Bond trading. @ Unsplash
Mali defies political risk with oversubscribed $73mn WAEMU bond sale
Read More »
Photo by Crystalweed cannabis @ Unsplash
South Africa eyes $11bn hemp market by enacting cannabis plant law
Read More »
Kampala, Uganda. Photo by Random Institute @ Unsplash
World Bank lifts Uganda funding ban, unlocking $2.76bn amid debt alarms
Read More »

Recent Politics

Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
Read More »
A public school in Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Nigeria shuts schools in northern region as mass kidnappings surge
Read More »
Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
Read More »

Latest Posts

Latest news insights