Funding costs for firms continue to be at extremely low levels on the whole. Overall, the recent financial environment remains extremely easy in terms of money market conditions and interest rate levels. However, as private banks and investors are becoming slightly cautious in taking credit risks, the fund-raising conditions of firms with higher credit risks and small firms are apparently becoming severe.
2. On all counts, the Bank of Ghana recognises the important role journalists play in sensitising the public about policies and programs nationwide, especially during the Bank’s Monetary Policy meetings. As a Bank, we always look for opportunities to improve such strategic partnerships with a view to deepen our communications which remains critical to enhancing the achievement of our core objectives.