Back to Latest Briefings
April 30, 2026
AI-Enhanced
World Bank warns of rising inflation across emerging economies in 2026
Money
Policy
Growth
Key Points
- The World Bank projects consumer price inflation in emerging markets, including Ghana, to rise to 5.1% in 2026, reversing earlier expectations.
- This increase is primarily driven by higher global energy prices, supply disruptions, and ongoing geopolitical tensions.
- Rising fuel costs are expected to feed into the prices of essential goods and services, placing a significant strain on household budgets.
- A high-risk scenario could see inflation reach 5.3-5.8% in 2026, among the highest in a decade.
- Central banks may be forced to maintain tighter monetary policies, potentially slowing real income growth, weakening consumer demand, and dampening investment.
Why This Matters
As Ghana is explicitly mentioned as an emerging market susceptible to these trends, the projected rise in inflation will directly impact the cost of living for Ghanaian households, increasing pressure on their budgets. The necessity for Ghana's central bank to implement tighter monetary policies could lead to higher borrowing costs, potentially slowing economic growth and dampening investment activities crucial for the nation's development.
Read Full Article
View original sourceRelated Articles
July 9, 2026
Eastern Corridor Road to undergo full asphalt reconstruction, not patch repairs – Roads Minister
- The Minister for Roads and Highways announced a full reconstruction of sections of the Eastern Corridor Road.
- The government will now use asphalt pavement instead of continuing with temporary patch repairs on the existing surface-dressed road.
- This decision follows technical assessments revealing the corridor has exceeded its design life and requires a more permanent solution.
- The reconstruction involves replacing the road base and applying a stronger asphalt surface to ensure lasting value and durability.
- The initiative aims to improve road safety, strengthen connectivity, reduce maintenance costs, and support economic activities along the corridor.
July 9, 2026
Ibrahim Mahama to pay hospital bills of Ghana’s tallest man battling gigantism
- Businessman Ibrahim Mahama has pledged to fully cover the medical expenses of Abdul-Samed Sulemana, known as Awuche, Ghana's tallest man.
- Awuche's health deteriorated due to gigantism complications, leading to a referral to Tamale Teaching Hospital.
- Doctors at TTH recommended amputation of Awuche's left leg due to a severe infection.
- Ibrahim Mahama's aide confirmed the commitment, assuring coverage of all medical costs and surgery.
- Awuche has safely arrived at Tamale Teaching Hospital and has commenced the necessary medical procedures.
July 9, 2026
75 Bank staff dismissed as fraud cases surge 48% – Bank of Ghana report
- Fraud cases in Ghana's financial sector surged by 48% in 2025, reaching 24,778, according to the Bank of Ghana's report.
- This increase was predominantly driven by the Payment Service Providers (PSPs) sector, which saw a 98% rise in incidents and a 95% increase in value at risk.
- While banks and Specialised Deposit-Taking Institutions (SDIs) reduced incident numbers, their value at risk increased due to specific issues like cash suppression and forgery.
- The total value at risk across the financial sector marginally rose from GH¢99 million in 2024 to GH¢101 million in 2025.
- The Bank of Ghana calls for unified efforts from all stakeholders, enhanced regulatory frameworks, and improved supervision to combat evolving fraud risks in the increasingly complex financial landscape.