The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has reaffirmed the resilience of Ghana’s economy, citing strong growth and easing inflation, while urging banks to expand financial products that harness diaspora remittances for investment.
Speaking at a meeting with Heads of Banks at Bank Square, Dr. Asiama reported that Ghana’s economy recorded real GDP growth of 6.4 per cent in the first quarter of 2026, driven mainly by the services and industry sectors. He added that headline inflation fell to 4.6 per cent in July, down from 5.3 per cent in June, supported by slower food inflation and relative exchange rate stability.
Discussions at the meeting focused on leveraging digital and mobile platforms to make it easier for Ghanaians abroad to save and invest in Ghana. The Governor urged banks to design dedicated investment products for the diaspora, moving remittances beyond basic transfers into savings, investments, and other productive economic activities.
Dr. Asiama emphasized that a resilient banking sector must do more than preserve stability. “It must actively translate that stability into opportunities across the economy,” he said, stressing the importance of innovation in financial intermediation.
The meeting underscored the central bank’s push to align macroeconomic stability with inclusive growth, while positioning diaspora remittances as a strategic asset for national development.
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