Bank of Ghana Commits to Supporting Economic Recovery Process
The Bank of Ghana has reaffirmed its commitment to streamlining the economic recovery of the country.
In a statement, it emphasised that it did not intend to compromise the gains achieved so far.
This followed an emergency meeting by the Monetary Policy Committee (MPC) on Thursday, July 17, 2025, for proactive and responsive policy formulation ahead of the scheduled 125th MPC meetings later this month.
It noted from its review that disinflation momentum had strengthened; Real sector performance remains strong; the external sector continues to strengthen; Gross international reserves improved; the cedi has appreciated significantly; and the global environment remains uncertain.
“Overall, the Committee noted significant improvements in the current macroeconomic conditions and the positive outlook. Inflation expectations are broadly anchored, external buffers have strengthened, and confidence in the economy is returning. The Committee reaffirmed its commitment to support the recovery process without compromising the gains achieved so far.”
The next regular MPC meeting will be held from Monday, July 28, 2025, and conclude on Wednesday, July 30, 2025, with announcement of the policy decision, as scheduled.
Source: https://opemsuo.com/author/hajara-fuseini/
