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Credit conditions improved in first 4 months of 2026, but loans to public sector continue to decline

Credit conditions improved in first 4 months of 2026, but loans to public sector continue to decline

By GhanaSummary Newsroom

The stronger outturn was driven largely by increased lending to the private sector, particularly the services, mining and quarrying, construction and commerce, and finance sectors, while credit to the public sector contracted over the review period.

According to the May 2026 Monetary Policy Report, the banking sector credit continued to expand, with lending activity increasingly concentrated in the private sector.

The private sector’s share of total outstanding credit increased to 96.

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