Godfred Bokpin Economist And Professor Of Finance At The University Of Ghana The Bank of Ghana has cut its monetary policy rate from 25% to 21.5% in September, with the 91-day Treasury Bill rate falling to 10.3% and average lending rates dropping to 24.15% by August. On paper, these developments suggest businesses and individuals can […]The post Cheaper Rates Mean Nothing Without Money to Lend appeared first on Ghanamma.com.
Cheaper Rates Mean Nothing Without Money to Lend
Godfred Bokpin Economist And Professor Of Finance At The University Of Ghana The Bank of Ghana has cut its monetary policy rate from 25% to 21.5% in September, with the 91-day Treasury Bill rate falling to 10.3% and average lending rates dropping to 24.15% by August. On paper, these developments suggest businesses and individuals can […]The post Cheaper Rates Mean Nothing Without Money to Lend appeared first on Ghanamma.com.