The Bank of Ghana (BoG) has maintained its benchmark monetary policy rate at 14.0 percent, citing confidence that inflation will remain within its medium-term target despite growing risks from geopolitical tensions, higher energy prices and possible utility tariff adjustments.
Falling mining and quarrying prices dragged producer inflation down sharply to 3.5 percent in June 2026 from 5.8 percent in May, as a steep decline in the country’s largest industrial sector outweighed renewed cost pressures in manufacturing, utilities, transport and accommodation services.
Informal cross-border trade between Ghana and its three land neighbours reached GH¢31 billion in the first three quarters of 2025, surpassing formal trade valued at GH¢20.1 billion and accounting for six percent of the country's total trade.
A new statutory Authority and a GH¢110 million start-up budget give the government's flagship jobs programme legal teeth. But the gap between institutional architecture and 1.7 million promised jobs remains wide, and history offers little comfort.
Government has entered the final phase of its external bonded debt restructuring following the successful exchange of all outstanding SADEREA Notes, the Ministry of Finance has announced.
The latest Eurobond repayment by government has strengthened confidence in the country’s commitment to honouring its post-restructuring debt obligations, but investors and analysts say sustained fiscal discipline and continued macroeconomic improvements will determine whether the gains translate into lower borrowing costs and a return to international capital markets.
Growth momentum cooled in April as a sharp deceleration in the services sector tempered the pace of economic expansion, although stronger performances in mining and agriculture kept the economy on a broad-based growth path.
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