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.
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