Business News of Monday, 6 April 2026

Source: www.ghanaweb.com

Managing inflation in 2026 will be less costly than in 2025 - BoG Governor

Dr Johnson Pandit Asiama, BoG Governor Dr Johnson Pandit Asiama, BoG Governor

The Bank of Ghana has expressed confidence that maintaining price stability in 2026 will require fewer financial resources compared to the previous year, according to Governor Dr Johnson Pandit Asiama.

He said the central bank enters the new year on a stronger footing after what he described as a challenging but successful 2025 in terms of macroeconomic stability.

Speaking at the Kwahu Business Forum Governor’s Roundtable on Sunday, April 5, 2026, Dr Asiama reflected on the efforts that helped bring inflation down significantly last year.

'I want to see loan interest rates drop below 10%' - BoG Governor

“Last year was good but expensive for the central bank. It took us a lot of money to mop up excess liquidity and bring inflation down to 5.4% by December 2025,” he told business leaders.

Reports indicate that the Bank of Ghana spent about GH¢17 billion in 2025 to manage liquidity, a move aimed at stabilising prices and anchoring inflation expectations.

Looking ahead, the Governor said the central bank is now better positioned to sustain that stability without deploying the same level of resources.

“If you look at where inflation was at the end of December 2024 and where it is now, it wouldn’t involve the same level of resources to keep it low and stable going forward,” he explained.

Dr Asiama also highlighted the delicate balancing act central banks face in managing inflation while supporting economic growth and ensuring credit flows to businesses remain steady.

The Governor's Roundtable marked the close of the 2026 Kwahu Business Forum and brought together key policymakers, investors, industrialists, and development partners to discuss ways of strengthening private sector growth.

Among those present were Chief of Staff Julius Debrah, Eastern Regional Minister Rita Akosua Adjei Awatey, and Economic Advisor the President, Seth Terkper.

NA/MA