After enduring one of the most severe economic crises in a generation, Ghanaian businesses are finally experiencing a resurgence. The most significant sign of this turnaround are interest rates. The Bank of Ghana has trimmed its benchmark Monetary Policy Rate (MPR), which stood at a punishing 30% at the close of 2023, in consecutive reductions […]
politics
Daniel Afari-Djan writes: Why Ghana’s plunging interest rates are catalyst for industrial growth
Adom OnlineBy Joshua TigoThu, 23 Apr 2026 · 1h ago0 views
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Ghana's interest rates are declining, following a severe economic crisis, with the Bank of Ghana reducing its Monetary Policy Rate from 30% at the end of 2023. This reduction is viewed as a catalyst for industrial growth and a sign of economic resurgence for Ghanaian businesses.
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Adom Online
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