14
Apr
Banking and corporate governance consultant Dr. Richmond Atuahene has called on government to lessen macroeconomic uncertainty by taming inflation to meet growth-enhancing targets while promoting policies to reduce high lending rates. With inflation currently sitting at 52.8 percent, he said, it is imperative that government takes prudent steps to bring it under control, stabilise the cedi and support the Bank of Ghana (BoG) to reduce its key policy rate. Reacting to the BoG’s decision to hike its monetary policy rate (MPR) by 150 basis points (bps) to 29.5 percent on the back of high inflation and concerns of moderating liquidity in the…
