Ghana’s central bank has reiterated its commitment to maintaining a stable monetary environment to bolster the country’s ongoing economic recovery.
The Bank of Ghana (BoG) issued the statement following an emergency Monetary Policy Committee (MPC) meeting on Thursday, citing significant improvements in macroeconomic conditions and a positive outlook.
Officials highlighted a sustained decline in inflation, noting a six-month consecutive drop to 13.7% in June 2025 down from 23.8% in December 2024.
Core inflation expectations also remain favorable. The central bank contrasted Ghana’s domestic growth momentum, reflected in a 5.3% expansion during Q1 2025, with weakening global economic prospects.
Strengthened external buffers and renewed economic confidence were additionally emphasized as key recovery indicators.
The MPC will hold its regular meeting later this month to review the benchmark lending rate and assess further policy adjustments aligned with growth objectives.
