By: Henrietta Afful
Governor of the Bank of Ghana, BoG, Dr Johnson Pandit Asiama has highlighted Ghana’s continued economic resilience despite growing economic global uncertainty.
Speaking at the opening of the 130th Monetary Policy Committee, MPC, Meeting, on May 18, 2026, Dr Asiama said Ghana’s economy has shown significant improvement since the Committee’s last meeting in March this year.
He said Ghana’s Progress is reflected in stronger external buffers, improved investor confidence, and gains in debt sustainability.
“The Ghanaian economy has improved meaningfully since our last meeting in March 2026,” he stated. “This reflects the sustained reform efforts of recent years.”
Dr. Asiama explained that although the external environment remains challenging, the domestic economy continues to demonstrate resilience.
“Since the end of March, the picture has been one of a domestically resilient economy navigating an increasingly difficult external environment,” he added.
The Governor stressed the need for policies aimed at anchoring inflation expectations and maintaining financial sector stability to sustain the gains made so far.
He also highlighted the importance of Ghana’s ongoing engagement with the International Monetary Fund under the IMF-supported reform programme.
Dr. Asiama described the proposed Policy Coordination Instrument (PCI) as an important step towards strengthening macroeconomic stability and promoting inclusive economic growth.
“The PCI represents a considered and credible next step in Ghana’s institutional engagement with the international financial architecture,” he said.
The 130th MPC meeting is expected to assess recent economic developments and determine policy measures aimed at sustaining stability and growth in the Ghanaian economy.
