Policy rate increase aimed at tackling rising inflation - BoG

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• Prof Amo-Takyi 11 years ago

  You lend to commercial banks at 24 percent? And the banks lend to the public in excess of 30 percent and no one is manufacturing anything significant. You even allow the import of frozen chicken from Europe at the expense of ...
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  You lend to commercial banks at 24 percent? And the banks lend to the public in excess of 30 percent and no one is manufacturing anything significant. You even allow the import of frozen chicken from Europe at the expense of home grown chicken. Thus sabotaging and stifling home products and employment opportunities for local people. What a bunch of criminals and idiots.

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• KWASI 11 years ago

  RATE INCESS WILL ONLY PARALISE AND DESTROY THE ECONOMY FURTHER FOOLS
  RATE HIKES MEANS LESS BORROWING AND LESS PROJECTS AND LESS ACTIVITY WHO DO YOU THINK YOU ARE FOOLING.WE KNOW THIS RATE HIKE WAS DICTAE TO YOU BY THE IMF

  RATE INCESS WILL ONLY PARALISE AND DESTROY THE ECONOMY FURTHER FOOLS
  RATE HIKES MEANS LESS BORROWING AND LESS PROJECTS AND LESS ACTIVITY WHO DO YOU THINK YOU ARE FOOLING.WE KNOW THIS RATE HIKE WAS DICTAE TO YOU BY THE IMF

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• kofi pra 11 years ago

  IT ONLY SERVES THE INTERESTS OF THE RICH AND THE IMF. THEY WILL EARN ABNORMAL PROFITS FROM INVESTMENTS IN GOVT DEBT INSTRUMENTS WHILE PRESERVING THE VALUE OF THEIR INVESTMENTS. ALL AT THE EXPENSE OF EMPLOYMENT CREATION. THE I ...
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  IT ONLY SERVES THE INTERESTS OF THE RICH AND THE IMF. THEY WILL EARN ABNORMAL PROFITS FROM INVESTMENTS IN GOVT DEBT INSTRUMENTS WHILE PRESERVING THE VALUE OF THEIR INVESTMENTS. ALL AT THE EXPENSE OF EMPLOYMENT CREATION. THE ISSUE IS WHAT WOULD THE AVERAGE GHANAIAN RATHER NOT HAVE, RISING PRICES(INFLATION TARGETING) OR LACK OF INCOME.(JOB CREATION) THE ANSWER DETERMINES THE PRIORITY IN DEVELOPMENT OBJECTIVES

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• daladam 11 years ago

  the rate hike was meant to continue the destruction of Ghana by BOG and mahama govt.it is basically mean no Ghana busniss will borrow for expenstion of their industry hense no new job creation and continue high rate un- empl ...
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  the rate hike was meant to continue the destruction of Ghana by BOG and mahama govt.it is basically mean no Ghana busniss will borrow for expenstion of their industry hense no new job creation and continue high rate un- employment

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• Stewart7000 11 years ago

  The Government steals money for so-called stamps and signatures. Arbitary charges and fees, for what?
  
  So do the banks, for their profits. Lining the pockets of employees in banks and government.
  Starving the people, steal ...
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  The Government steals money for so-called stamps and signatures. Arbitary charges and fees, for what?
  
  So do the banks, for their profits. Lining the pockets of employees in banks and government.
  Starving the people, stealing their future!

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