The 127th Monetary Policy Committee (MPC) meeting of the Central banks has commenced Monday, November 24, 2025 at Bank Square, marking a critical juncture in the country’s ongoing efforts to stabilize and grow its economy.
Governor Dr. Johnson Asiama, in his opening remarks outlined three key priorities aimed at fostering macroeconomic stability and supporting the nation’s recovery trajectory.
In his speech, Dr. Asiama emphasized the importance of managing inflationary pressures and the real interest rate environment, noting that “managing the pace of disinflation is essential to creating a conducive environment for investment and growth.”
The MPC is also focused on strengthening foreign exchange (FX) market reforms and diversifying Ghana’s reserves, strategies designed to bolster currency stability and reduce vulnerability to external shocks.
A central concern of the committee remains safeguarding the financial sector’s stability while ensuring that credit continues to flow to the productive sectors of the economy. “Our task is to protect this stability while supporting the real sector’s recovery,” Dr. Asiama stated. “Our decisions must reinforce confidence and keep the economy on its path to job-rich growth.”
The committee’s deliberations, which will conclude on Wednesday, November 26, will culminate in a press conference where the MPC will announce its new policy stance.
Analysts are optimistic that the committee’s emphasis on inflation control, FX reforms, and financial stability signals a cautious but growth-oriented approach in the face of recent macroeconomic challenges.
Experts suggest that the outcome of this meeting will be crucial for Ghana’s economic outlook in the coming months, especially as the government continues to implement reforms aimed at attracting investment and promoting sustainable development.
The MPC’s commitment to balancing inflation management with financial sector resilience aims to create a stable foundation for Ghana’s economy to recover and expand robustly.
Below is a summary statement on BoG’s Facebook page:
127th Monetary Policy Committee meeting opens Monday, November 24, 2025
The 127th Monetary Policy Committee meeting opened today, Monday, November 24, 2025, at the Bank Square. Governor Dr. Johnson Asiama outlined three priorities guiding this week’s deliberations:
– Managing the pace of disinflation and real interest rates
– Strengthening FX market reforms and reserve diversification
– Safeguarding financial sector stability and credit flow
Dr. Asiama noted: “Ghana’s macroeconomic path is stabilising. Our task is to protect this stability while supporting the real sector’s recovery. Our decisions must reinforce confidence and keep the economy on its path to job-rich growth.”
The meetings will conclude on Wednesday, November 26, with a press conference to announce the new policy stance.
