BoG will keep approaching its monetary policy choices and actions with caution, discipline, and data – Governor of the Bank of Ghana

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

The governor of the Bank of Ghana, Dr. Johnson Asiama, has given firm assurance that the bank will continue to pursue a prudent, disciplined, and data-driven approach to its monetary policy decisions and actions.

The governor says they will, however, remain mindful of risks in the global environment, including shifts in financial conditions and commodity price volatility.

The Governor, Dr. Johnson Asiama, gave this assurance when he led a technical team from the Central Bank to brief Parliament’s Committee on Economy and Development today in Accra on a detailed Monetary Policy Report.

The governor also assured committee members that looking ahead, the outlook remains encouraging due to lower inflation, stronger external buffers, and improving financial sector conditions that provide a solid foundation for sustained economic recovery.”

Source: newsthemegh.com