Monetary Policy
MPC Press Release - September 2018
Monday, 24 September 2018 14:12

The outlook is for continued relatively stable macroeconomic conditions. The recently signed cocoa syndication loan of US$1.3 billion should bring in additional foreign exchange to further boost our international reserves and provide some cushion against any further pressures. Ghana will also benefit from the recent sovereign credit rate upgrade by Standard and Poor’s which should lead to a reduction in Ghana’s sovereign risk premium, reduce the cost of borrowing and minimize rollover risks.

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