Bank of Ghana Governor, Dr. Johnson Asiama, has said the Ghanaian economy continues to demonstrate resilience despite growing pressures from a challenging global environment.
He explained that since the end of March 2026, the overall economic outlook has reflected a domestically stable economy operating under increasingly difficult external conditions, with rising energy prices linked to the Middle East conflict emerging as the key risk in the short term.
Dr. Asiama made the remarks at the opening of the 130th Monetary Policy Committee (MPC) meeting.
The Governor noted that although recent economic gains have been encouraging, there are growing signs that headline inflation is beginning to rise again in several advanced and emerging economies.
According to him, the development has forced a number of central banks that had earlier started easing monetary policies to either pause or reverse those measures in response to renewed inflationary pressures.
He explained that for Ghana — a commodity-exporting but energy-importing economy — the impact of these global shocks could be significant, particularly through rising fuel prices, transportation costs, import bills and overall consumer prices.
The Governor indicated that further measures aimed at strengthening economic stability would be announced at the conclusion of the Monetary Policy Committee (MPC) meeting.
He is also expected to outline the Bank’s policy direction and announce the policy rate for the next two and a half months.