{"id":30148,"date":"2025-07-29T03:17:14","date_gmt":"2025-07-29T03:17:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/30148\/"},"modified":"2025-07-29T03:17:14","modified_gmt":"2025-07-29T03:17:14","slug":"ghanas-economic-recovery-strengthens-with-5-3-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/30148\/","title":{"rendered":"Ghana&#8217;s economic recovery strengthens with 5.3% growth"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Ghana-s-economic-recovery-strengthens-with-5-3-growth-Dr-Asiama-1993656?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/07\/42401511.295.jpg\" alt=\"Dr Johnson Asiama is the Governor of the Bank of Ghana\" title=\"Dr Johnson Asiama is the Governor of the Bank of Ghana\" width=\"295\" height=\"182\" \/> <\/a>Dr Johnson Asiama is the Governor of the Bank of Ghana<\/p>\n<p id=\"article-123\">The Governor of the <a target=\"_blank\" href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=3532\" rel=\"nofollow noopener\">Bank of Ghana<\/a> (BoG), Dr Johnson Asiama, has expressed optimism about Ghana&#8217;s macroeconomic outlook citing a sustained decline in inflation, improving fiscal discipline, and stronger external sector performance as signs that Ghana\u2019s economic recovery is gaining traction.<\/p>\n<p>Ghana\u2019s economy is showing strong signs of recovery with a 5.3% GDP growth rate, a drop in inflation to 13.7%, and a $3.4 billion current account surplus, according to the BoG.<\/p>\n<p>Delivering opening remarks at the 125th Monetary Policy Committee (MPC) Meeting in Accra on Monday, July 28, 2025, Dr Asiama acknowledged headwinds but highlighted Ghana\u2019s resilience and domestic progress.<\/p>\n<p>\u201cWe meet at a time when the global and domestic macroeconomic landscape continues to evolve, offering encouraging signs of recovery while exposing persistent vulnerabilities,\u201d he said.<\/p>\n<p>According to him, inflation has been on a consistent decline, falling for six consecutive months to 13.7% in June 2025, the lowest recorded since December 2021.<\/p>\n<p>This, he said, reflects disciplined monetary and fiscal policy management and the appreciation of the cedi.<\/p>\n<p>Dr Asiama urged the committee to stay vigilant as some external factors could impact Ghana&#8217;s macroeconomic indicators.<\/p>\n<p>SP\/MA<\/p>\n<p>How Virtual Reality is enhancing business and customer experience<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"Dr Johnson Asiama is the Governor of the Bank of Ghana The Governor of the Bank of Ghana&hellip;\n","protected":false},"author":2,"featured_media":30149,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-30148","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/30148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=30148"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/30148\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/30149"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=30148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=30148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=30148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}