Accra: The Bank of Ghana has expressed confidence that maintaining price stability in 2026 will require fewer financial resources compared to the previous year, according to Governor Dr. Johnson Pandit Asiama. He stated that the central bank enters the new year on a stronger footing after what he described as a challenging but successful 2025 in terms of macroeconomic stability.
According to Ghana Web, Dr. Asiama spoke at the Kwahu Business Forum Governor's Roundtable on Sunday, April 5, 2026, where he reflected on the efforts that helped bring inflation down significantly last year. He underscored the achievements of 2025, describing it as a year that was both rewarding and costly for the central bank. Dr. Asiama noted that substantial financial resources were deployed to mop up excess liquidity, resulting in inflation being brought down to 5.4% by December 2025.
Reports indicate that the Bank of Ghana spent approximately GHS17 billion in 2025 to manage liquidity, a move aimed at stabilizing prices and anchoring inflation expectations. Looking to the future, Dr. Asiama expressed that the central bank is now better positioned to sustain stability without deploying the same level of resources. He highlighted the improved inflation situation compared to the end of December 2024, suggesting that maintaining low and stable inflation would not require the same financial outlay going forward.
Dr. Asiama also emphasized the delicate balancing act that central banks face in managing inflation while supporting economic growth and ensuring that credit flows to businesses remain steady. The Governor's Roundtable marked the close of the 2026 Kwahu Business Forum and brought together key policymakers, investors, industrialists, and development partners to discuss ways to strengthen private sector growth. Attendees included Chief of Staff Julius Debrah, Eastern Regional Minister Rita Akosua Adjei Awatey, and Economic Advisor to the President, Seth Terkper.