Tag Archives: central bank

A sizeable crowd of protestors have gathered at Kwame Nkrumah Circle’s Obra Spot under the name of #OccupyBoGdemo, a movement started by the Parliamentary Minority caucus. The protesters are united in their demand for the resignation of Dr. Ernest Addison, the governor of the Bank of Ghana, and his two …

  Half of Ghana’s government’s $7 billion obligation to the central bank was written 0ff. The leftover offset was supplanted with a 15-year bond at a reduced rate. Debt rebuilding a critical stage for Ghana’s qualification for a $3 billion IMF bailout credit, means to bring down abroad obligation installments …