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JULY 2023 ISSUE #7

The JCS Journal

THE JCS JOURNAL

THE MONTHLY NEWSLETTER OF JCS INVESTMENTS LIMITED

 

This Month’s Newsletter entails:
  • The current inflation rate and monetary policy rate as provided by the Bank of Ghana.
  • News highlights on the financial and banking sector of the Ghanaian Economy.
  • Details on a new book released by the CEO of JCS Investments Ltd.

 

NEWS HIGHLIGHTS

CURRENT INFLATION RATE: 42.5%

CURRENT MONETARY POLICY RATE: 30.0%

 

JBA calls on Bank of Ghana to cut policy rate

The Journalists for Business Advocacy (JBA) has called on the Bank of Ghana to consider reducing its benchmark policy rate from the current 29.50 percent to 27 percent in order to spur economic growth and boost employment.

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EOCO reiterates its commitment to fighting illegal operators in the financial market

The Economic and Organized Crime Office (EOCO) has reiterated its commitment to the enforcement of relevant laws in the operation of the financial market in Ghana. This was after four hundred and twenty Ghanaians who were suspected of illegal loan app operations were arrested in Accra.

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Government rolls out another DDEP for Dollar-denominated bonds

The Ministry of Finance has announced the rollout of a new domestic debt exchange programme for US dollar-denominated bonds to cover an estimated $809 million.

READ MORE

 

CONTINUE READING……

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