The Bank of Ghana has maintained its Monetary Policy Rate (MPR) at 14 percent following its 130th Monetary Policy Committee (MPC) meeting, held in Accra from May 18 to 20, 2026.

The decision was announced at the end of the meeting on Wednesday, May 20, 2026 in Accra.

Governor of the Bank of Governor, Dr Johnson Pandit Asiama told journalists that recent macroeconomic indicators show continued improvement in the domestic economy, including easing inflation pressures, relative stability of the exchange rate, and stronger fiscal performance.

However, the MPC noted that external conditions remain uncertain, with global economic developments posing potential risks to Ghana’s inflation outlook and overall recovery.

The Central Bank MPC therefore said the decision to maintain the policy rate at 14 percent is aimed at consolidating macroeconomic stability while allowing room to closely monitor both domestic and external risks.

The policy rate guides the interest rates at which banks extend credit to businesses and households, making it a critical tool for managing inflation, investment, and overall economic activity.





MA