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GUTA Demands Fast-Track to Single-Digit Lending Rates
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GUTA Demands Fast-Track to Single-Digit Lending Rates
Following the central bank’s recent decision to slash the policy rate from 18% to 15.50%, the Ghana Union of Traders’ Associations (GUTA) has intensified its call for the Bank of Ghana (BoG) to accelerate monetary interventions aimed at achieving single-digit commercial lending rates. Speaking in an interview, GUTA President Clement Boateng emphasized that for the government’s 24-Hour Economy and Big Push initiatives to succeed, the cost of capi…
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