Bank of Ghana keeps policy rate unchanged at 13.5%
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The Bank of Ghana’s Monetary Policy Committee has kept its policy rate unchanged at 13.5% citing an increase in public debt stock and inflation.
The Bank of Ghana’s Monetary Policy Committee has kept its policy rate unchanged at 13.5% citing an increase in public debt stock and inflation.
Ghana’s economy recorded a growth rate of 3.1 per cent year-on-year in the first quarter of 2021 compared with 7 per cent in the same period last year.
The year-on-year inflation rate for March 2021 was unchanged at 10.3 percent.
Government made a successful debut into the international debt capital markets securing $3 billion from an oversubscribed bond book value of $6 billion.