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IMF Revises Ghana’s 2021 Growth Forecast To 4.7%

The International Monetary Fund (IMF) has revised Ghana’s growth rate marginally by 0.1% to 4.7% in 2021, representing 0.2% lower than the World Bank’s growth forecast of 4.9% for the year. The Washington-based multilateral institution, which gave the latest prediction in its October 2021 World Economic Report, also projected that Ghana’s economy would expand by […]

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Bank Of Ghana Retains Monetary Policy Rate At 13.5%

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) on Monday ended its meeting with a decision to retain the policy rate at 13.5 percent for the third consecutive time, citing a fairly balanced risks to inflation and growth in the outlook as basis for its decision. The apex bank had slashed the […]