We Seek a Policy Stance That Doesn’t Destabilize Market Expectations- BoG Governor
The Governor of the Bank of Ghana, Dr. Johnson Asiama, says his team on Monetary Policy Committee is guided by the aim to reach a policy stance that fosters disinflation.
He expects that the policy decision while cooling the high inflation rate will not undermine the recovery or destabilize market expectations.
He said this on March 24, 2025, while chairing his first Monetary Policy Committee (MPC) Meeting which ends on Wednesday, March 26, 2025.
He acknowledged that the country was bedevilled with “stubborn” inflation, elevated liquidity, soft real interest rates, a fragile fiscal recovery, and growing external uncertainty.
“But we also have buffers—strong reserves, improving sentiment, and the credibility of our policy framework— to guide us.”
He continued, “I trust that our discussions will be candid, evidence-based, and guided by our shared mandate of maintaining price stability and supporting sustainable growth.”
The policy rate currently stands at 27%.
Source: opemsuo.com/Hajara Fuseini
