PwC urges Chief Executive Officers and Boards to closely track monthly inflation (especially food and imported components), Treasury bill and bank lending rates, and government capital expenditure execution, citing global uncertainty from the Middle East conflict and its potential impact on commodity and financial markets. The firm notes Ghana's second-half outlook is increasingly exposed to global energy and geopolitical cycles, with the IMF projecting global growth of 3% and inflation of 4.7% in 2026, while a prolonged Middle East conflict could raise fuel, freight, and food production costs.
29 July 2026 · Joy Online →
PwC has stated that while Ghana's government narrative is more persuasive on economic stabilisation than transformation, structural weaknesses remain in energy, infrastructure, agriculture, manufacturing, and banking that require long-term solutions spanning multiple government administrations. The firm notes fiscal consolidation is real, with stronger-than-budgeted primary balance and cash surplus figures, and debt dynamics have improved through restructuring and nominal GDP growth.
29 July 2026 · Joy Online →
PwC says Ghana's first-half economic performance was genuinely strong, with real GDP growth around 4.8% looking achievable and the primary surplus target of 1.5% of GDP within reach, but cautioned that not all improvements reflect permanent shifts in the underlying macroeconomic risk profile; the firm warned that inflation, which reached 5.3% at end-June, deserves caution as it rose 160 basis points in one month and has risen consistently since March.
29 July 2026 · Joy Online →