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.
