Bank of Ghana Governor Dr. Johnson Asiama says the central bank has not abandoned the eCedi project and remains committed to the digital currency initiative, though authorities want to undertake more pilot programmes before full-scale rollout and are exploring how to deploy it for cross-border payments and trade improvements in the region.
20 May 2026 · Joy Online →
Bank of Ghana Governor Dr. Johnson Asiama says the central bank is not artificially intervening in the foreign exchange market, but rather building reserves and strengthening buffers to support long-term economic stability and cedi stability.
20 May 2026 · Joy Online →
Bank of Ghana Governor Dr. Johnson Asiama says ongoing Middle East tensions could affect global commodity prices and inflation, though Ghana's domestic economy shows strong signs of recovery with improving macroeconomic conditions and easing inflationary pressures. The BoG maintained its policy rate at 14 percent.
20 May 2026 · Joy Online →
Bank of Ghana Governor Dr. Johnson Asiama said the non-performing loans ratio within Ghana's banking sector is expected to decline further as new regulatory guidelines take effect, citing recent policy interventions and stricter supervisory measures to strengthen asset quality across commercial banks.
20 May 2026 · Joy Online →
The Monetary Policy Committee kept the policy rate unchanged at 14.0 percent after its 130th meeting, citing balanced domestic and external inflation risks, with headline inflation at 3.4 percent. The committee said relative exchange rate stability, increasing reserve buffers, and continued fiscal discipline are expected to help moderate upside risks.
20 May 2026 · Joy Online →