BoG has indicated that it plans to reduce the scope of its liquidity mop-up initiative.

by Mawuli
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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Bank of Ghana (BoG) has signalled its intention to scale back its liquidity mop-up programme next year.

The move will, however, depend heavily on inflation and exchange rate pressures remaining contained in 2026.

The Central Bank made this known in a question-and-answer document released after the Monetary Policy Committee meeting, which resulted in a 350 basis points cut in the policy rate to 18 per cent.

The Bank said any scale-back will be done “so cautiously and only as macro-economic conditions permit.”

Source: newsthemegh.com

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