Ghana Interest Rate

The Bank of Ghana cut its policy rate by 250 basis points to 15.5% at its first meeting of 2026, taking borrowing costs to their lowest level since February 2022. Governor Johnson Asiama said headline inflation is expected to move close to the medium-term target of 8.0%, while economic growth is projected to remain strong in 2026. Ghana’s inflation rate fell to 5.4% in December, its lowest since July 2022, marking the 12th straight month of disinflation. The central bank said it will continue to monitor developments closely and take appropriate policy action to ensure that the gains from macroeconomic stability translate into sustainable growth.