Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has highlighted the country’s stable currency and low inflation as indicators of Ghana’s strong economic performance in 2025, while noting the cost of maintaining macroeconomic stability.
Speaking at the Governor’s Roundtable session during the Kwahu Business Forum on Sunday, 5 April, Dr Asiama reflected on the central bank’s efforts to manage growth and inflation.
“The Cedi is stable and under control,” he said, stressing the trade-offs inherent in central bank policy. “The work we do is always about trade-offs… trying to strike the right balance.”
Dr Asiama explained that achieving this balance required targeted monetary operations to drain excess liquidity, which helped bring inflation down to 5.4% by December 2025. He noted, however, that maintaining stability came at a significant cost to the central bank.
“Last year was good but expensive for the central bank. It took us a lot of money to mop up excess liquidity and bring inflation down,” he said. He expressed confidence that 2026 would require fewer resources to sustain low and stable inflation.
The governor also highlighted the importance of strong banking institutions to support economic growth. “When banks are strong, they can give more credit,” he said, underscoring the central bank’s commitment to strengthening financial markets.
The Governor’s Roundtable concluded the 2026 Kwahu Business Forum, which ran from 3 to 5 April and brought together business owners, investors, industrialists, policymakers, and development partners to discuss strategies for promoting private sector growth.
Notable attendees included Chief of Staff to the President, Mr Julius Debrah, Eastern Regional Minister Mrs Rita Akosua Adjei Awatey, Economic Advisor to the President Mr Seth Terkper, and Legal Counsel to the President Ms Marietta Agyeiwaa Brew.
Source : www.kumasimail.com
