Middle East tensions, global risks to shape November policy rate decision – BoG Governor

Bank of Ghana (BoG) Governor, Dr Johnson Asiama, says Middle East tensions and uncertainty in the global economy will be key factors in the central bank’s November policy rate decision.

With uncertainty persisting, he said the central bank was closely monitoring international developments to assess their implications for Ghana’s economy and the committee’s next decision.

He attributed the progress to ongoing regulatory measures by the central bank, including recent liquidity directives and steps aimed at reducing the non-performing loan ratio by year-end.