Bank of Ghana's GH₵17bn plan cut inflation to 3.3%

Central bank liquidity measures led to reduced inflation and a stronger currency.

Reported by GhanaCrimes Newsroom·6 months ago·1 min read

Bank of Ghana's GH₵17bn plan cut inflation to 3.3%

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The Bank of Ghana implemented liquidity management measures totaling GH₵17 billion. These actions were aimed at stabilising the economy.

Governor Johnson Pandit Asiama announced these measures have significantly reduced inflation. The inflation rate dropped from 23.8% in 2024 to 3.3% in February 2026.

These efforts also focused on strengthening the Ghanaian cedi. The currency experienced greater stability against major international currencies.

Additionally, the central bank's strategy helped to boost Ghana's foreign exchange reserves. This indicates improved financial health for the nation.

Bank of GhanainflationeconomycurrencyJohnson Pandit Asiama