Money supply increases to 28.5% year-on-year in June 2026

According to the Bank of Ghana, the stronger contribution of NDA in June 2026 was largely driven by increases in Net Claims on Government (NCG) and Claims on the Private Sector.5% in June 2025, reflecting an increase in the rate of foreign asset accumulation in the banking sector during the period under review.

According to the Bank of Ghana, the increase in broad money growth was largely driven by a significant build-up in Net Foreign Assets (NFA), as well as growth in Net Domestic Assets (NDA).