FULL TEXT: Bank of Ghana maintains policy rate at 29%

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WEBSITE GHANA wTV 1 month ago

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Ghana=Killing dreams country 1 month ago

I live in Canada but I'm a Ghanaian. The bank rate here is 5% and there is pressure on the central bank to reduce it. The bank itself is targeting a 2% by the end of 2028.

In Ghana, the policy rate is 29%. Tell me how ONE ...
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I live in Canada but I'm a Ghanaian. The bank rate here is 5% and there is pressure on the central bank to reduce it. The bank itself is targeting a 2% by the end of 2028.

In Ghana, the policy rate is 29%. Tell me how ONE can invest in these kinds of business climates. by the time one goes to the commercial banks, they are paying an interest rate of 45-50%