The Governor of the Bank of Ghana ,Dr Johnson Pandit Asiama, has explained that explained that achieving the right balance between policies affecting growth and inflation is crucial .
Speaking during the Kwahu Business Forum Governor’s Roundtable session over the weekend, the Governor acknowledged the positive impact of the strong macroeconomic performance in 2025 on the broader economy but noted the associated costs to the central bank.
“Last year was good but expensive for the central bank. It took us a lot of money to mop up excess liquidity and bring inflation down to 5.4% by December 2025.” The Governor said
He further explained that the central bank’s monetary operations aimed to drain excess liquidity, expressing optimism that even though the cost was high in 2025, he was confident that 2026 would be different.
“If you look at where inflation was at the end of December 2024 and where it is now, it wouldn’t involve the same level of resources to keep it low and stable going forward.” He stated
Dr Asiama concluded by emphasising the importance of collaboration, assuring the business community that the central bank aims to strengthen the markets.
“When banks are strong, they can give more credit.”
The Governor’s Business Roundtable which aimed at exploring how the central bank’s decisions affects businesses concluded the 2026 Kwahu Business Forum, which started on 3 April. The event brought together business owners, industrialists, investors, policymakers, and development partners to discuss policies stimulating business growth.
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