Dr. Johnson Asiama, Governor of the Bank of Ghana
Audio By Carbonatix
The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, on Tuesday, July 15, joined the Graphic Business/Stanbic Bank Breakfast Meeting where he spoke on a number of issues. Below are 10 takeaways from his address.
- Bank of Ghana endorses consultative reforms: The Central Bank is shifting from top-down mandates to inclusive, stakeholder-driven reform approaches.
- Constructive public dialogue is encouraged: The Bank supports national economic debates and believes they are essential for policy evolution.
- IMF programme pessimism reversed: Initial doubts about Ghana’s IMF programme have been overcome through decisive action within five months.
- Inflation and exchange rate stability improving: Inflation has dropped significantly from 24%, and the exchange rate has stabilised due to macroeconomic improvements.
- Data, not hearsay, should guide expectations: The Governor criticised reliance on anecdotal information over hard data in shaping economic expectations.
- Trade and current account performance strong: Ghana's trade surplus and current account balance have improved sharply in 2025, bolstering economic confidence.
- Foreign reserves surpass expectations: International reserves rose to over $11 billion (4.8 months of import cover), beating the IMF target of $400 million by end-June with a build-up of $1.6 billion.
- Call for evidence-based media coverage: The media is urged to anchor economic commentary in data rather than speculation.
- Market interventions are structured and justified: Currency market support is backed by real inflows from initiatives like the Gold for Reserves Programme.
- Exchange rate fluctuations are not inherently negative: Movements in the cedi reflect macroeconomic responses and external shocks, not necessarily mismanagement.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Alima Mahama Refund: Jinapor challenges Ablakwa’s authority, says only Auditor-General can surcharge
2 minutes -
Wontumi Conviction: 2 star witnesses placed under police protection amid death threats
16 minutes -
Srem-Sai reveals surge in death threats after Wontumi conviction
25 minutes -
GCB, Ecobank, 4 others are top tier banks in Ghana – PwC Banking Survey
33 minutes -
Today’s front pages: Tuesday, August 18, 2026
1 hour -
Banks’ sustainable success will be defined less by interest margins – PwC
2 hours -
CJ Baffor-Bonnie was part of ‘grand conspiracy to remove Torkornoo – Afenyo-Markin alleges
2 hours -
The GIPA Act: Resetting Ghana’s investment framework
3 hours -
GIPA secures investor leads at Invest Fest 2026
3 hours -
Ghana’s missing billions: What 16 years of Auditor-General reports show
3 hours -
Police disown viral flyer on AirPods, earphones use while driving
3 hours -
Stop using media to challenge judicial decisions – Thaddeus Sory to lawyers
3 hours -
The next generation expects more than degrees from universities
4 hours -
Ebenezer Dwomoh to stage fourth stand-up comedy special in Kumasi
4 hours -
Central Regional Minister urges traditional leaders to hold public officials accountable
4 hours