GHANA WEATHER

Bank of Ghana’s monetary policy committee meets today to review economy

Bank of Ghana’s monetary policy committee meets today to review economy
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By; Sarah Baafi 

The Bank of Ghana’s Monetary Policy Committee (MPC) will hold its 123rd Regular Meetings starting today, Monday, March 24, 2025.

The three-day meeting, which will run until Wednesday, March 26, 2025, is aimed at reviewing recent economic developments and making critical decisions on monetary policy.

The meeting, chaired by Dr. Johnson Asiama, Governor of the Bank of Ghana, comes at a pivotal time for the economy. With inflation remaining high and the local currency facing volatility, the MPC is expected to assess measures to stabilize prices and promote economic growth.

The policy rate, currently set at 27.00%, is likely to be a key focus as the Committee evaluates its impact on inflation and borrowing costs.

The outcome of the meetings will be closely watched by businesses, investors, and financial analysts for insights into Ghana’s economic direction in the coming months.

The decisions made by the MPC are expected to influence lending rates, investment strategies, and overall market confidence.

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