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GHANA: BoG warns of fragile global environment ahead of MPC deliberations

GHANA: BoG warns of fragile global environment ahead of MPC deliberations

The Governor of the Bank of Ghana, Dr Johnson Asiama, has cautioned that the international economic landscape remains unstable, urging Ghana and other emerging markets to stay vigilant.

Speaking at the opening of the Monetary Policy Committee (MPC) meeting, Dr Asiama highlighted the growing uncertainties shaping the world economy.

“Global environment remains fragile and we must remain alert to the risk,” he warned.

He explained that global pressures continue to mount, driven by several developments that policymakers must pay close attention to.

“Taking about commodity prices swings, geopolitical tensions and tighter financial conditions,” he noted, these factors create ongoing risks that could spill over into vulnerable economies.

Dr Asiama emphasised that such external shocks require proactive monitoring and disciplined policy management to safeguard Ghana’s economic stability.

He assured that the Bank of Ghana will continue to track global trends closely and adjust its policy stance where necessary to protect the domestic economy.

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Source: MyJoyOnline | Read the Full Story…

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