Ghana Banking

Ghana’s Monetary Policy Committee (MPC) has signalled a clear shift toward monetary easing by cutting its policy rate by a record 300 bps to 25% in July. With inflation on a downward path and fiscal and external risks more contained, the central bank now has scope for an additional 200 bps of rate c ...

Ghana’s economic growth rate slowed to 3.6% year-over-year (y/y) in Q4 2024, resulting in a still-impressive expansion of 5.8% for the year. Although high-frequency data released in Q1 2025 suggests that price pressures remain a key drag on private sector activity, we believe prospects of price stab ...

Ghana’s new finance minister, Cassiel Ato Forson, will present the 2025 Budget to Parliament on March 11. This will mark the first full-year budget under the new Mahama administration, following a GHȼ68bn provisional budget approved in January for first-quarter government spending. In February, an I ...

Ghana’s economy delivered a strong performance over the first three quarters of last year, expanding by 6.3% on a cumulative basis. Rising gold and oil production bolstered industrial activity over this period, while the ICT and financial sectors ensured robust growth in the services sector. The agr ...

This report provides key information on the country. It covers the economic landscape, key demographic indicators as well as logistics and infrastructure. Key Questions Answered - What are the key economic indicators? - How will sociodemographic change through to 2050? - What are the major cities, p ...

Ghana In-depth PEST Insights Summary This PEST country analysis report on Ghana provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis. Synopsis Understand the political system in Ghana th ...

Analysis by Region - Emerging Markets - Ghana The first quarter has come and gone, and the Ghanaian government failed to present its case to the Executive Board of the IMF. Accra aimed to wrap up bilateral debt restructuring before the end of Q1 to provide the multilateral organisation with the nece ...

Analysis by Region - Emerging Markets - Ghana Ghana's post-pandemic economic activity steadily gathered impetus last year with annual real GDP growth accelerating as the year progressed. Consequently, we estimate that real economic growth reached 4.6% in 2021. The country's prospects for 202 ...