BoG Says Inflation Outlook Stabilised, Boosting Investor Confidence
Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, says inflation expectations in the economy have been firmly re-anchored, laying a strong foundation for sustained growth, long-term investment and renewed confidence among households and businesses.
Dr. Asiama made the remarks during an engagement with Chief Executive Officers of commercial banks, where he highlighted the impact of disciplined monetary policy and improved macroeconomic coordination on stabilising prices.
According to him, price stability remains central to the Bank of Ghana’s mandate and is essential for restoring confidence in 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.
The BoG Governor explained that the improved inflation outlook offers greater certainty for investors and financial institutions, enabling better long-term planning and investment decisions. He noted that a stable inflation environment also helps lower risk premiums and borrowing costs, thereby supporting private sector expansion.
Dr. Asiama assured stakeholders that the central bank will continue to pursue policies that consolidate recent macroeconomic gains while creating room for growth-enhancing measures that benefit businesses and households.
He expressed optimism that with inflation expectations now well anchored, Ghana’s economy is better positioned to attract investment, improve productivity and maintain its recovery momentum.
