The Bank of Ghana says its policy direction for 2026 will prioritise consolidation and discipline, as it moves to entrench recent macroeconomic stability and strengthen confidence in the financial system.
According to the Governor of the Bank of Ghana, Dr. Johnson Asiama, the central bank’s priority this year is to deepen and institutionalise the reforms implemented over the past period, ensuring that recent stability is sustained and translated into lasting confidence, efficient financial intermediation, and predictable markets.
Speaking at the Governors’ New Year media engagement, Dr. Asiama stressed that the Bank of Ghana is not shifting into an aggressive policy stance, but rather embedding reforms into routine practice to safeguard the gains made so far.
“With stability restored, 2026 is about consolidation and discipline. The Bank’s focus this year is to embed the reforms of the past period into routine practice and ensure that stability translates into durable confidence, effective intermediation, and predictable markets,” he stated.
Dr. Asiama explained that monetary policy will remain cautious, measured, and forward-looking, with a strong emphasis on price stability as the anchor for all policy decisions.
“Monetary policy will remain measured and forward-looking, anchored on price stability and supported by clear signalling and consistent liquidity management,” the Governor said.
He added that the central bank’s approach is aimed at reinforcing market confidence rather than creating uncertainty, noting that predictability and continuity are essential in rebuilding credibility.
“The objective is not to surprise markets, but to reinforce credibility through continuity,” Dr. Asiama emphasised.
The Governor further assured that the Bank of Ghana will continue to closely monitor both domestic and global economic developments, adjusting its policy tools where necessary to maintain stability in inflation, the exchange rate, and the financial sector.
The New Year media engagement forms part of the central bank’s efforts to improve transparency and communication, while providing clarity on its policy direction for the year ahead as Ghana continues its broader economic recovery
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