Finance

Bank of Ghana maintains policy rate at 28% after unanimous MPC decision

Announcing the decision at a press briefing in Accra on Friday May 23, 2025, Governor of the Central Bank, Dr Johnson Asiama, stated that the committee reached the decision unanimously after assessing recent economic developments.

He noted that while inflationary pressures have shown signs of easing, uncertainties in the global economy and risks to the domestic outlook warranted a cautious approach.

The policy rate, used by the Central Bank to influence lending rates and control inflation, has remained a critical tool in managing Ghana’s economic stability amid external and domestic challenges.

 

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

Related Articles

Back to top button