The Second Deputy Governor of the Bank of Ghana (BoG), Matilda Asante-Asiedu, has described the Ghanaian economy as being at a pivotal stage, noting that it is stronger and more resilient than it has been in recent years.

Speaking at the signing ceremony for a Risk Sharing Guarantee Scheme between Access Bank Ghana and the International Finance Corporation (IFC), Mrs Asante-Asiedu credited prudent monetary policies and disciplined fiscal management for restoring macroeconomic stability. She highlighted improvements in investor confidence, GDP growth, and the return of inflation to single-digit levels.

“This improved and predictable macroeconomic environment provides a strong foundation for banks to recalibrate their business models and expand financing to the real and productive sectors, particularly agriculture—a sector central to job creation, improved livelihoods, export growth, and national development,” she said.

She explained that the newly launched Risk Sharing Guarantee Scheme is intended to unlock growth opportunities in Ghana’s agricultural sector, especially along the cocoa value chain.

“This scheme is designed not only to harness opportunities along the cocoa value chain but also to align closely with national priorities of expanding financial inclusion, strengthening private sector participation, and accelerating economic diversification,” she said.

Mrs Asante-Asiedu further noted that the programme will provide crucial working capital to Licensed Buying Companies (LBCs), which play a critical role in connecting smallholder farmers to global markets.

“Ensuring the liquidity and stability of these companies safeguards rural livelihoods, strengthens export earnings, and supports exchange rate resilience,” she added.