Audio By Carbonatix
The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has indicated that underlying inflation expectations have been firmly re-anchored, creating a vital foundation for sustained economic growth, long-term investment and renewed confidence among households and businesses.
Speaking at an engagement with Chief Executive Officers of commercial banks, Dr. Asiama said the improved inflation outlook reflects the impact of sound monetary policy measures and stronger macroeconomic coordination. He noted that price stability remains central to the Bank of Ghana’s mandate and is critical for restoring confidence across the economy.
“Underlying inflation expectations have been firmly re-anchored, providing a vital foundation for sustained growth, long-term investment and renewed confidence among households and businesses,” he stated.
According to the BoG Governor, the re-anchoring of inflation expectations offers greater certainty for investors and financial institutions, encouraging longer-term planning and investment decisions. He explained that a stable inflation environment also helps reduce risk premiums and borrowing costs, thereby supporting private sector activity.
Dr. Asiama further stressed that the central bank will continue to pursue policies that consolidate recent gains in macroeconomic stability, while creating room for growth-enhancing measures that support businesses and households.
He expressed optimism that with inflation expectations now firmly anchored, Ghana’s economy is better positioned to attract investment, boost productivity and sustain its recovery trajectory.
Latest Stories
-
Insist on VAT receipt to ensure full benefit of reduced taxes – GRA appeal to shoppers
16 minutes -
JoyNews launches ‘Roads of Peril’ on January 8 to expose dangers lurking on Ghana’s roads
19 minutes -
Bawumia outperformed Kufuor in first election, can lead NPP to victory – Oppong Nkrumah
25 minutes -
Cedi appreciation began under NPP, not NDC – Kojo Oppong Nkrumah
37 minutes -
Photos: Asantehene pays historic visit to the Ghana Police Service Headquarters
51 minutes -
Restrain supporters from attacking journalists ahead of flagbearership contest – GJA warns NPP
1 hour -
President Mahama to cut sword for commencement of Accra-Kumasi Expressway construction
1 hour -
Ghana ranks 6th best English-speaking country in Africa, 36th globally – EF Index
2 hours -
National Gun Amnesty urges voluntary surrender of firearms to strengthen national peace
2 hours -
Cedi appreciation didn’t start under the NDC; it started in 2024 under the NPP — Kojo Oppong Nkrumah
2 hours -
Mahama commends Lands Minister as anti-galamsey efforts show signs of success
2 hours -
The Quiet Subversion of Esther Adeola Seriki’s “Everyday Grace”
2 hours -
Zelensky replaces Ukraine’s powerful security service chief
2 hours -
Man Utd hold talks with trio over caretaker role
3 hours -
High Commissioner Harruna Attah advances AfCFTA agenda through November in Namibia Business Forum
3 hours
