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From 23.2% to 5.4%: World Bank recognises Ghana’s historic disinflation and the role of BoG’s Monetary Policy

By GhanaSummary Newsroom1 min read
From 23.2% to 5.4%: World Bank recognises Ghana’s historic disinflation and the role of BoG’s Monetary Policy

In its 10th Ghana Economic Update, Reset for Growth: Sustaining Macroeconomic Recovery and Unlocking Transport for Transformation, published in August 2026, the World Bank said headline inflation fell from 23.

Under Governor Dr Johnson Pandit Asiama, the Bank of Ghana maintained price stability as the central objective of monetary policy while balancing efforts to reduce inflation with the need to support economic recovery.

The World Bank has described Ghana’s sharp decline in inflation in 2025 as one of the most dramatic disinflation episodes in the country’s recorded economic history.

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