BUSINESS

Drop the Monetary Policy Rate to Stimulate Economic Growth The  importance  of monetary  policy  is  revered  in  modern  macroeconomics  and  its prominence in the Ghanaian economy is unchallenged. The Monetary Policy Rate (MPR) is the monetary policy tool of the Bank of Ghana (BoG), and it is the rate at which commercial banks can borrow from the central bank.  The ...

Read More »