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Ghana Statutory interest (C.I. 52)

Ghana Statutory interest (C.I. 52): no single figure applies. The reason is set out below, cited to the governing instrument. Last checked against the official source on 11 Aug 2026.

Ghana's court-awarded and post-judgment interest tracks the Bank of Ghana 91-day Treasury-bill rate week by week under C.I. 52 (2005), so the rate is a weekly-moving reference, not a storable fixed value.

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Current valuestructured — see the API
In force from—
Official sourceCourt (Award of Interest and Post Judgement Interest) Rules, 2005 (C.I. 52), made 22 December 2005 by the Rules of Court Committee in exercise of the powers conferred by article 157(2) of the 1992 Constitution and section 80(2)(e) of the Courts Act, 1993 (Act 459); gazette notification 13 January 2006, entry into force 24 January 2006. r 1: where the court orders payment of interest on a sum of money due to a party, 'that interest shall be calculated (a) At the bank rate prevailing at the time the order is made, and (b) At simple interest', but where an enactment, instrument or agreement specifies a rate 'the court shall award that rate of interest calculated in that manner'; r 2(1): 'each judgement debt shall bear interest at the statutory interest rate from the date of delivery of the judgement up to the date of final payment'; r 4(1): 'statutory rate of interest is the bank rate prevailing at the time the judgement or order is made by the court'; r 4(2): 'Where there is doubt as to the prevailing bank rate, the 91 days Treasury Bill rate as determined by the Bank of Ghana shall be the prevailing bank rate'; r 5 revokes the Courts (Award of Interest) Instrument, 1984 (L.I. 1295). Parliament of Ghana Library Repository, item handle 123456789/2261
Last verified2026-08-11
Verificationprimary — No verification limitation recorded — read from the official source cited.
Provenancesource fingerprint

What this value means

REFUSAL AS A STORED VALUE, because the reference moves WEEKLY: C.I. 52 fixes awarded interest (r 1) and automatic post-judgment interest (r 2(1)) at the prevailing bank rate — and since the Bank of Ghana publishes no instrument called 'bank rate' today (its policy rate is the MPR), the r 4(2) Treasury-bill fallback is what courts actually apply (Supreme Court, NOVA Complex v GPHA). The BoG publishes the 91-day bill weekly in TWO columns: use the INTEREST-rate column (5.7618% at tender 2018 of 3 August 2026), not the discount-rate column (5.68%). The rate is FIXED PER CASE at the date of judgment/order, simple interest, and contractual or enacted rates override (r 1 proviso, r 2(2)). A served series would need weekly refresh from bog.gov.gh/treasury-and-the-markets/treasury-bill-rates/ — buildable later; until then this record serves the mechanism. Retrieval: the ir.parliament.gh bitstream 302-redirects; the direct fetch is repository.parliament.gh/server/api/core/bitstreams/3d109b01-2687-48f5-a8b2-4bcbbace8114/content. SOURCE URL REPAIRED 2026-08-11. Parliament of Ghana's institutional repository has moved from ir.parliament.gh to repository.parliament.gh, and the old ir.parliament.gh bitstream path now 302-redirects to the new site's home page, so it answers HTTP 200 with HTML instead of the instrument - a silent failure for any checker that tests only the status code. C.I. 52 itself is intact at the new host: the item record resolves at https://repository.parliament.gh/handle/123456789/2261 and the PDF at the bitstream URL now cited (the equivalent REST path https://repository.parliament.gh/server/api/core/bitstreams/3d109b01-2687-48f5-a8b2-4bcbbace8114/content returns the byte-identical file). Both were fetched and the full text of rules 1 to 5 was read and verified, so the mechanism this record serves is unchanged and the record remains a refusal rather than a stored number.

Get it programmatically

curl https://afriref.dev/v1/gh/statutory-interest
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History:    curl https://afriref.dev/v1/gh/statutory-interest/history?from=2020-01-01
# Provenance: curl https://afriref.dev/provenance/gh/statutory-interest

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The same figure elsewhere: Kenya · Lesotho · Mali · Mauritius · Morocco · all 34