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Story perspectives

Bank of Ghana Tightens Policy, Inflation Drops to 21.2%

5/22/2025

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Story summary
  • The Bank of Ghana is tightening monetary policy, absorbing GH¢79.8 billion from January to April 2025, a 76.6% increase from last year.
  • April recorded a significant mop-up of GH¢33.3 billion.
  • Inflation fell to 21.2% in April due to effective liquidity management.
  • The central bank is adopting a dynamic Open Market Operations regime to boost credit expansion.
  • Ghana's economy is stabilizing, bolstered by an IMF agreement and improved investor confidence.