Growth slows to 5.1% in May
Ghana’s economic growth slowed to 5.1 percent year-on-year in May 2026, as a sharp moderation in agriculture offset continued strength in services and industry's modest expansion.
Ghana’s economic growth slowed to 5.1 percent year-on-year in May 2026, as a sharp moderation in agriculture offset continued strength in services and industry's modest expansion.
The country’s merchandise trade has expanded nearly nine-fold in dollar terms over the last 21 years, rising from US$6billion in 2004 to US$52.5billion for 2025 as stronger exports pushed the country to its largest trade surplus on record.
Ghana Gold Board (GoldBod) raised US$75 million directly from commercial banks last week, testing a new financing model that allows it to fund gold purchases without using the Bank of Ghana (BoG) as an intermediary, its Chief Executive Officer (CEO), Sammy Gyamfi, has said.
CUTS International, Accra, a leading public policy think tank has called on the Driver and Vehicle Licensing Authority (DVLA) to suspend the escalating “delinquency” charges imposed on people who renew or replace a driver’s licence after its expiry date,
The Bank of Ghana (BoG) says stronger private sector lending, resilient external buffers and a recovery in the cedi are reinforcing Ghana’s economic recovery,
The success of ongoing microfinance reforms depends less on higher capital thresholds and more on strengthening corporate governance, institutional competence and risk-based supervision, investment banker Dr. Sam Ankrah has said.
The International Monetary Fund (IMF) has advised the Bank of Ghana (BoG) to maintain a cautious monetary policy stance as risks from energy prices, exchange rate pressures and fiscal expansion could undermine recent inflation gains.
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