The Bank of Ghana (BoG) has launched the Beta Version of the bank’s Database Portal.
According to a statement by the Central Bank, the launch of the version of the portal “forms part of efforts to provide a single environment for extracting and visualising macroeconomic data.”
It noted that Beta features are new functionality still in development that clients can use and test, explaining that, using beta features helps the bank gather feedback on the functionality before releasing them to the wider client community.
“The provision of this portal is in line with international best practices 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. Data in the portal is organised along the External, Financial, and Fiscal Sectors among others.
The Bank of Ghana further indicated that the macroeconomic data is made up of 255 monthly and 86 quarterly time series data sourced from the BoG and other key stakeholder institutions.
It said, Data updates and revisions will be done according to the Data Release Calendar as published on the portal.
Source: Ruth Adjorlolo
