
Audio By Carbonatix
The Governor of the Bank of Ghana, Dr Johnson Asiama, has revealed that the country received nearly $7.8 billion in remittance inflows by the end of 2025, underscoring the increasing role of diaspora contributions in the national economy.
He said the figure represents a significant rise from the about $4.6 billion recorded in 2024, reflecting a sustained upward trend largely driven by Ghanaians living abroad, with the United States remaining the largest source of inflows.
Speaking at a roundtable discussion on the “Central Bank Bridge: Remit2Invest” initiative in the United States on Sunday, April 19, Dr Asiama noted that remittances now account for around six per cent of Ghana’s gross domestic product and have overtaken foreign direct investment in importance.
He also pointed to recent improvements in Ghana’s macroeconomic conditions, including easing inflation, greater exchange rate stability and an increase in gross international reserves, which he said are restoring confidence in the economy.
“Our macroeconomic framework has been recalibrated to ensure stability, predictability and investor confidence. Inflation dynamics have improved significantly, and the external sector remains resilient,” he said.
He added that the central bank aims to channel remittance inflows into formal foreign exchange systems to convert them into investable capital for national development.
Latest Stories
-
Urban Roads, not MMDCEs, responsible for desilting major drains – Local Gov’t minister
4 minutes -
World Bank downgrades Ghana’s energy recovery programme to ‘Unsatisfactory’, cites Finance Ministry fiscal controls and election-related delays
14 minutes -
Commuters demand urgent repairs to deteriorating SCC–Old Barrier road
16 minutes -
Multimedia condemns assault on reporter by soldiers in Nkwanta South, demands probe
51 minutes -
Technology alone can’t protect careless digital finance users – Ghana Association of Banks
1 hour -
Cyberattacks now an existential risk for digital businesses – e-Crime Bureau founder
1 hour -
Fraud thrives where there is no ‘capable guardian’ – e-Crime Bureau founder
1 hour -
Youth demand greater share of food systems investments at National Agribusiness Dialogue
2 hours -
Court places injunction on NPP Bibiani-Anhwiaso-Bekwai constituency elections
2 hours -
Government intensifies maternal deaths campaign, emergency care training
2 hours -
Adu-Boahene Trial: Defence challenges investigator over national security probe
2 hours -
Dambai traditional authorities perform rites to officially open new yam trading season
2 hours -
Yellow Card’s compliance excellence recognised with GRC awards nomination
2 hours -
Youths advocate stronger private sector support to boost job creation
2 hours -
Mining lease renewals key to investor confidence – Chamber
2 hours