BoG drops policy rate to 27%
Emmanuel Bruce Business News
The Monetary Policy Committee of the Bank of Ghana has dropped the policy rate by 200 basis points to 27 per cent.
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This is a result of the macro economic indicators trending in the right direction.
Announcing the decision, the Governor of the Bank of Ghana, Dr Ernest Addison said the macro economic indicators are expected to trend further down as the government implements the IMF programme.
More to follow