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Ghana Central Bank Plans Third Rate Cut Amid Economic Challenges

11/26/2025

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Summary

Story summary

Ghana's central bank is poised to implement a third consecutive rate cut, potentially lowering the benchmark by 350 basis points to 18%.
Governor Johnson Asiama (Bank of Ghana) said real interest rates remain high, posing challenges for the economy's recovery.
Inflation is projected to settle between 4% and 6% by year-end, while a 1.5% of GDP primary surplus is expected by 2026 and the deficit narrows from 2.8% to 2.2%.

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Story summary

Ghana's central bank is poised to implement a third consecutive rate cut, potentially lowering the benchmark by 350 basis points to 18%.
Governor Johnson Asiama (Bank of Ghana) said real interest rates remain high, posing challenges for the economy's recovery.
Inflation is projected to settle between 4% and 6% by year-end, while a 1.5% of GDP primary surplus is expected by 2026 and the deficit narrows from 2.8% to 2.2%.