Ghana: BoG Governor Targets Single-Digit Interest Rates

Ghana: BoG Governor Targets Single-Digit Interest Rates

The Governor of the Bank of Ghana, Dr Johnson Asiama, has pledged to push interest rates below 10 per cent as part of efforts to support businesses and accelerate economic growth.

Lending Rates Could Hit 10 Percent Target

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/lending-rates-could-hit-10-percent-target/Borrowing costs could fall to approximately 10 percent by the end of 2026, earlier than initially projected, as improving macroeconomic conditions create room for faster rate reductions, Bank of Ghana (BoG) Governor Dr. Johnson Pandit Asiama has announced. Speaking at the central bank’s year end Festival of Ni…

Borrowing costs could fall to 10% by end 2026 – BoG Governor

By Joshua Worlasi AMLANU Borrowing costs could fall to about 10 percent by the end of 2026 – earlier than initially envisaged as macroeconomic conditions continue to improve, according to Bank of Ghana Governor Dr. Johnson Pandit Asiama. Speaking at the central bank’s year-end festival of carols and thanksgiving services, Dr. Asiama said the disinflation trend, currency stability and improving growth outlook have created room for a faster declin…