Of Ghana's 23 universal banks, nine domestic banks hold almost 40% of assets, while 14 foreign banks operate as subsidiaries. The IMF reports that the banking sector, which accounts for over three-quarters of total financial sector assets, has been recovering but continues to face elevated non-performing loans and high sovereign exposure.
26 April 2026 · Joy Online →
Ghana recorded year-on-year inflation of 3.2% in March 2026, extending a 15-month disinflation streak, though Deloitte warns that upside risks remain from foreign exchange effects, global commodity prices, and administered price adjustments. The firm noted that fiscal consolidation targeting a 1.5% primary surplus of GDP should support price stability, with near-term inflation pressures expected to be temporary and concentrated in utilities, fuel, and seasonal food items.
26 April 2026 · Joy Online →
Lawyer Nick Opoku says Ghana is under no legal obligation to implement policy recommendations from the IMF or World Bank, though such institutions may advise on cocoa sector reforms including productivity incentives and discouraging farm sales. The government retains full discretion in determining whether to adopt such proposals.
26 April 2026 · Joy Online →