Private sector credit to pick up with economic rebound

Private sector credit to pick up with economic rebound – Governor


Private sector credit to pick up with economic rebound – Governor
June 28, 2021
Dr. Ernest Addison, Governor Bank of Ghana
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has expressed optimism that private sector credit will pick up as the signs of an economic rebound are positive after the ravages caused by the COVID-19 pandemic.
According to him, the policies introduced in the throes of the pandemic to control its effect on business have begun yielding positive returns.
The Bank of Ghana, in view of the pandemic, among other things complemented government’s COVID-19 relief measures with a raft of policy and regulatory measures to loosen financing conditions, ease liquidity pressures, and keep supply of credit to support critical sectors of the economy.

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