Governor Johnson Pandit Asiama opened the 128th Monetary Policy Committee (MPC) meeting on Monday, January 26, 2026, cautioning that while Ghana’s macroeconomic indicators show significant improvement, the current year will serve as a critical test of the nation’s policy discipline and credibility.
Addressing the committee, Governor Asiama reported that inflation has declined to 5.4 percent and national reserves have climbed to US$13.8 billion. Despite these gains and a visible return of confidence to the economy, the Governor emphasized that the focus must remain on long-term sustainability. He noted that the improved conditions are a reminder that the work of stabilizing the economy has only just begun and requires sustained effort to be locked in permanently.
Throughout the session, the MPC will deliberate on several key areas, including the appropriate pace of policy adjustment and the continued stability of the foreign exchange market. The Governor also underscored the importance of the Domestic Gold Purchase Programme and the necessity of ensuring data integrity as the country prepares for its upcoming review with the International Monetary Fund. He concluded by stressing the need for careful judgment to maintain the current economic momentum.
Ruth Abla ADJORLOLO
