Menu

BoG cuts policy rate by 300 basis points from 28% to 25%

This article is closed for comments.

Read Comments Comments (19)

  • kelewele 1 year ago

    A country with a 25% policy rate is economically stagnant..

  • AMA Ghana 1 year ago

    It will still drop down further as time goes on .
    This is a relieve and reprieve for some of us .
    In 2023 I took a loan at 40 plus interest rate .
    So I’m glad for this .

  • Kwaku 1 year ago

    Cote Dvoire and Nigeria are operating with a single digit interest rate for the past 10yrs.Having 25% interest rate is not something that any govt in GH shd jubilate about.BoG shd be ashamed of this news.

  • JESUS IS GOD 1 year ago

    Jesus Christ loves you and wants to save you from sin and its consequences. He died on the cross for your sins, was buried, and rose again on the third day. Believe in Him, accept His gift of forgiveness, and receive eternal ...
    read full comment

  • GUARANTEED MONEY-MAKING $KILL JUST FOR YOU!!! 1 year ago

    DON'T end this month TODAY without investing IN YOUR FUTURE. Lack of Capital for business shouldn't stop you because you can make money with limited/no capital through Skills Training! You EARN from what U LEARN, and what you ...
    read full comment

  • Nana 1 year ago

    Wei yɛ de bɔ bra

  • AMA Ghana 1 year ago

    Good governance nu aba !!!!

  • John 1 year ago

    25% Interest Rate is still a shambolic work from BoG team.They don't deserve their monthly pay cheque.No economy on this planet can grow at that high rate.

  • SA 1 year ago

    It needs to come down and very quick.

  • Mummies 1 year ago

    Achieve results by force. Such knee jerk approach to fixing problems.
    Whose funds are the banks going to lend out

  • Dan 1 year ago

    are you fuking kidding us 25% wow that highway robbery in progress

  • Dan 1 year ago

    are you fuking kidding us 25% wow that highway robbery in progress

  • Owusu Agyei, Suhum 1 year ago

    Ghana is really working again. I hope the naysayers will come and tell us that they started this 8years ago. When you put the right people at the right positions meritoriously, you outlook in every sector will be positive.

  • Kwesi Amankwa 1 year ago

    This NDC people are doiing magic. Cutting rate by 300 points. Bawumia is fake and clueless

  • Atia 1 year ago

    Still too high. But I understand it has to be gradual to forestall an abrupt increase in fx rates

  • Hannan 1 year ago

    ;) Welcome to the best sex dating site -->> Sexy24.mom

  • Jkmee 1 year ago

    The reset is on

  • Ebi 1 year ago

    Aban papa aba ampa. God bless jdm

  • Kk 1 year ago

    This is still too high. How will the private sector survive with such interest rates? We need to take a second look at these things.