The Bank of Ghana (BoG) has assured the Ghana Union of Traders Association, GUTA, of its commitment to sustaining a stable macroeconomic environment despite the challenges facing the economy.
Ghanaian fashion This was said at a crucial meeting with the Union at the Bank Square to deliberate on matters of mutual interest and discuss the impact of recent monetary policy decisions on businesses.
The engagement forms part of the central bank's broader stakeholder outreach efforts following its Monetary Policy Committee (MPC) meetings.
Acknowledging concerns raised by the business community, over the effects of rising borrowing costs and broader economic challenges, officials of the Central Bank noted that inflationary pressures both locally and globally have necessitated a proactive policy stance.
