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BoG launches beta version of macroeconomic database portal

Economy & Investments BoG launches beta version of macroeconomic database portal
FEB 5, 2024 LISTEN

The Bank of Ghana (BoG) has launched a beta version of its Macroeconomic Database Portal, providing the public with easy access to comprehensive economic and financial data.

In a statement released on Monday, February 5, BoG said the portal will offer "a single environment for extracting and visualising macroeconomic data".

The central bank noted it is also in fulfilment of its commitment to greater transparency in monetary policymaking under the inflation targeting framework.

"The provision of this portal is in line with international best practice and the Bank’s commitment to greater transparency associated with its inflation targeting framework of monetary policy.

“The portal will also help meet data request demands from the general public and support research work,” noted the statement.

The data on the portal is organized according to five economic sectors - external, financial, fiscal, monetary and real sector indicators.

It currently houses 255 monthly and 86 quarterly time series obtained from BoG and other agencies.

The portal launch is envisioned to promote transparency and accountability in line with BoG's legal mandate, as the central bank seeks to better inform public discourse with easily accessible comprehensive economic analyses.

To access data on the Portal, the general public is advised to visit the website via: https://app.datawarehousepro.com/go/bog/

Find the statement below;
PRESS RELEASE
LAUNCH OF A BETA VERSION OF BANK OF GHANA’S MACROECONOMIC DATABASE PORTAL

Bank of Ghana (BoG) announces to the general public the launch of the Beta Version of the Bank of Ghana Database Portal, which aims at providing a single environment for extracting and visualising macroeconomic data.

The provision of this portal is in line with international best practice and the Bank’s commitment to greater transparency associated with its inflation targeting framework of monetary policy.

The portal will also help meet data request demands from the general public and support research work.

The data contained in the portal is organised along five main Economic Sectors as follows:

▪ External Sector
▪ Financial Sector
▪ Fiscal Sector
▪ Monetary Sector
▪ Real Sector and Survey Based Indicators
The macroeconomic data is made up of 255 monthly and 86 quarterly time series data sourced from the BoG and other key stakeholder institutions.

Data updates and revisions will be done according to the Data Release Calendar as published on the portal.

To access data on the Portal, please visit our website:

https://app.datawarehousepro.com/go/bog/
For further information and enquiries on the Portal, please contact:

The Director Research Department Bank of Ghana

Accra, Ghana
Email Address: [email protected] Tel: +233(0) 302666175

END
5TH FEBRUARY 2024

Isaac Donkor Distinguished
Isaac Donkor Distinguished

News ReporterPage: IsaacDonkorDistinguished

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