Monetary Policy
Press Releases
MPC Press Release - Nov. 2016
Monday, 21 November 2016 00:00

Ghana’s external sector performance remains strong. The provisional data shows significant improvement in the external trade deficit in the year to September, relative to 2015. This improvement was on account of higher export receipts, mainly from gold, combined with lower imports. The outturn of the trade balance has significantly improved the provisional current account deficit to 3.1 percent, relative to target 5.0 percent of GDP.

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Summary of Economic and Financial Data
Friday, 18 November 2016 00:00

 Summary of Financial Data - Nov. 2016.

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MPC meeting - Nov. 2016
Friday, 11 November 2016 00:00

The Monetary Policy Committee (MPC) of the Bank of Ghana will hold its 73rd regular meeting on Friday, November 18, 2016 to review developments in the economy.

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Transcript of MPC Press Briefing Held on September 19, 2016
Tuesday, 27 September 2016 12:00

Below is a transcript of the Monetary Policy Committee (MPC) Press briefing which was held on Monday, September 19, 2016 in the MPC Conference Room, Bank of Ghana. Following the delivery of a press statement by the Governor and Chairman of the MPC, the Press sought clarifications on a number of key macroeconomic issues as below:

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MPC Press Release - Sept. 2016
Monday, 19 September 2016 00:00

In assessing the current economic conditions, the Committee noted the moderation in headline inflation since the July meeting on the back of continued cedi stability, easing inflation pressures, and tight credit conditions which implicitly reflect continued monetary policy tightness. This, together with projections of tighter fiscal consolidation and lower growth, contributed to the inward shift in the forecast horizon from the third quarter to the second quarter of 2017.

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Press Releases