Finance

Bank of Ghana Projects Steady Economic Growth for Ghana Through 2026

Ghana’s economy is expected to maintain a steady growth path through 2026, according to projections shared by the Governor of the Bank of Ghana, Dr. Johnson Asiama. The central bank head says current economic indicators point to sustained momentum, with several key sectors showing resilience despite global economic pressures.

Dr. Asiama explained that real-sector data — including production levels, services activity, and general business performance — suggests that Ghana’s growth outlook remains strong. These indicators, he noted, reflect the country’s ability to stabilize its economy while positioning itself for future expansion.

He highlighted that ongoing efforts to control inflation and maintain disciplined monetary policy are already creating a more stable economic environment. According to him, the Bank of Ghana’s policy stance continues to support business activity, providing conditions that encourage both local entrepreneurship and foreign investment.

Investment trends have also shown improvement, with increased interest in sectors such as services, agriculture, and manufacturing. Dr. Asiama believes that this renewed investor confidence is a sign that Ghana’s economic fundamentals are strengthening.

A major factor behind the positive outlook is the government’s continued focus on macroeconomic stability. Measures aimed at fiscal discipline, structural reforms, and prudent spending are helping to reinforce long-term growth prospects. As the country works to diversify its economy, policymakers expect more sustainable performance that is less tied to global commodity fluctuations.

However, the central bank governor acknowledged that challenges remain. Ghana must continue to navigate global uncertainties, manage external pressures, and invest in infrastructure to support growth. Despite these concerns, Dr. Asiama maintained that Ghana is on the right path and that the current economic momentum can be sustained with the right policy support.

If the projections materialize, Ghana could experience stronger business confidence, improved job creation, and broader economic opportunities for citizens over the next two years. The Bank of Ghana’s outlook offers cautious optimism, encouraging stakeholders to build on the progress achieved so far.

Source: Thepressradio.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.

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