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Ghana: BoG Cuts Policy Rate to 14% on Back of Strong Macroeconomic Stability

Ghana: BoG Cuts Policy Rate to 14% on Back of Strong Macroeconomic Stability

Rédaction Africa Links 24 with Ghanaian Times
Published on 2026-03-20 07:18:31

The Bank of Ghana (BoG) has reduced its monetary policy rate by 150 basis points to 14 per cent, citing sustained improvements in macroeconomic conditions despite lingering global uncertainties.

The Monetary Policy Committee (MPC) in its meeting in January cut the MPR by 250 basis points to 15.5 from 18 percent.

Announcing the decision at a press conference after the 129th regular meeting of the MPC, the Governor of the BoG, Dr Johnson Pandit Asiama, said the move was underpinned by strong…

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