We’ll Protect The Cedi And Sustain Economic Stability – BoG Governor

The Bank of Ghana has reaffirmed its commitment to safeguarding the value of the cedi and keeping inflation under control as it works to sustain Ghana’s economic recovery.

Governor Dr. Johnson Asiama made the assurance during a stakeholder engagement in Sunyani in the Bono Region.

He noted that while key economic indicators continue to show encouraging progress, the central bank remains cautious amid persistent global uncertainties, including geopolitical tensions and rising crude oil prices.

“The progress we have made is encouraging, but we must not become complacent. The global economy remains uncertain, and events beyond our borders can still affect us. That is why the Bank of Ghana will continue to take decisions that protect the value of the cedi, keep inflation low, preserve financial stability and support sustainable economic growth,” Dr. Asiama said.

He stressed that the Bank’s priority is to create a stable economic environment that allows businesses to plan, invest and grow with confidence, while enabling households to plan for the future.

The Governor pointed to the current 14% policy rate as providing room to support businesses, investment and growth without compromising inflation control.

He also reiterated the Bank’s commitment to maintaining an orderly and well-functioning foreign exchange market and to greater openness and transparency in its operations.

“Our goal is simple – to create an economic environment where businesses can grow with confidence, households can plan for the future, and every Ghanaian can share in the benefits of a stable and growing economy,” he added.

The remarks come as Ghana navigates a period of relative recovery following earlier economic challenges, with authorities focused on consolidating gains against external pressures.