MPC Opens 128th Meeting, Governor Asiama Stresses Discipline in Policy

Governor Johnson Pandit Asiama has opened the 128th Monetary Policy Committee (MPC) Meeting with a call for discipline and credibility in economic management, despite improved macroeconomic indicators.

Addressing the Committee on Monday, 26 January 2026, the Governor noted that while Ghana’s economic outlook has brightened, the year ahead will be a true test of policy resolve. “All the economic indicators look good, but the improved conditions remind us that the work has only begun and that more effort is needed to lock in stability,” he said.

Latest figures show inflation has declined to 5.4 percent, reserves have risen to US$13.8 billion, and investor confidence is returning to the economy. Governor Asiama, however, stressed that the focus must remain on sustainability rather than short-term gains.

On policy direction, he underscored the need for careful judgment as the Committee deliberates. Key issues on the agenda include the pace of policy adjustment, foreign exchange stability, the role of the Domestic Gold Purchase Programme, and data integrity ahead of Ghana’s upcoming IMF review.

The Governor’s remarks set the tone for what is expected to be a decisive meeting, as the MPC weighs measures to consolidate gains and safeguard the country’s economic stability.

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