Governor of the Bank of Ghana (BoG), Dr.
Johnson Asiama, has revealed that the 2025 budget will introduce targeted measures to address food inflation, which has been a major driver of overall inflation in recent months.
Speaking in an interview with Bloomberg, Dr.
Asiama acknowledged that the latest inflation reading was higher than expected, mainly due to structural issues in food prices. "Last reading came in a little higher, but we think that going forward, if you look at the causes of the inflationary pressures, it was mainly from food inflation.