Ghana IntelBrief
Back to Latest Briefings
BoG pledges data-driven policy to safeguard Ghana’s economic recovery
March 10, 2026
AI-Enhanced

BoG pledges data-driven policy to safeguard Ghana’s economic recovery

Money
Policy
Opportunity
Growth

Key Points

  • Ghana's central bank (BoG) will maintain a data-driven monetary policy to sustain recent gains in inflation and currency stability, following a period of severe financial stress.
  • Governor Johnson Pandit Asiama reported a significant drop in inflation from 23.8% (end 2024) to 3.3% (February 2026) and a strengthening cedi since he assumed office in February 2025.
  • The BoG cut its benchmark monetary policy rate by 900 basis points to 18%, strengthened foreign-exchange management, and increased gross international reserves to $13.8 billion (5.7 months of import cover).
  • The banking sector has also strengthened, with capital adequacy at 17.5%, total assets at 447 billion cedis, deposits at 325 billion cedis, and non-performing loans projected to drop to 10% by end 2026.
  • Despite these improvements, the central bank remains cautious about external risks, including commodity price volatility and global financial conditions, and parliamentarians called for continued engagement.

Why This Matters

This article is highly significant for Ghana as it details the central bank's commitment to maintaining macroeconomic stability, which is crucial for investor confidence, business planning, and the cost of living for citizens. The reported improvements in inflation, currency stability, and the banking sector directly impact Ghana's economic outlook, potentially leading to lower borrowing costs and fostering sustainable growth after a period of severe financial stress.

Read Full Article

View original source

Related Articles

QNET, Manchester City Host Grassroots Football Clinic in Ghana

May 25, 2026

QNET, Manchester City Host Grassroots Football Clinic in Ghana
  • QNET and Manchester City expanded their global partnership by hosting the “ManCity-QNET Football Clinic 2026” in Accra, Ghana.
  • The five-day grassroots programme, held from May 20-24, trained 25 selected boys and girls aged 8-11.
  • Participants received elite coaching based on Manchester City academy methods, focusing on football development, leadership, and confidence.
  • The initiative was described as a Corporate Social Responsibility (CSR) effort aimed at empowering young talents, not a scouting exercise.
  • Organisers plan to make the football clinic a regular event in Ghana and across Sub-Saharan Africa.
Read full briefing

Ghana’s Jada Yankey clocks new personal best at AP Race London International

May 24, 2026

Ghana’s Jada Yankey clocks new personal best at AP Race London International
  • Ghanaian swimmer Jada Yankey achieved a new personal best in the women’s 50m butterfly at the AP Race London International 2026.
  • She clocked 30.74 seconds, finishing second in her heat at the competition held from May 23 to 25.
  • The event took place at the London Aquatics Centre, a recognized international swimming competition licensed by World Aquatics.
  • Yankey, who is set to turn 14, is considered one of Ghana’s most promising young swimming talents.
  • She previously recorded several personal bests at the 2026 Africa Aquatics Championships in Oran, Algeria.
Read full briefing

Keta MP offers relief to Afiadenyigba SHS after fire outbreak

May 24, 2026

Keta MP offers relief to Afiadenyigba SHS after fire outbreak
  • MP for Keta, Kwame Dzudzorli Gakpey, donated essential supplies to Anlo Afiadenyigba Senior High School.
  • The donation followed a fire that gutted the boys' dormitory on May 19th.
  • The relief package included mattresses and bedsheets, aimed at providing immediate support to affected students.
  • The fire was brought under control by the Anloga Fire Station, preventing further spread.
  • The Ghana National Fire Service (GNFS) urged all schools nationwide to strictly observe fire safety measures.
Read full briefing