The export of gold and cocoa helped Ghana to record a higher trade surplus during the first half of the year, Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has said.
Dr Asiama noted that the export of these two commodities performed strongly.
“Exports of gold and cocoa have performed strongly, helping Ghana record a higher trade surplus during the first half of the year,” he said while speaking at a stakeholder engagement in Sunyani in the Bono Region.
He further said that the current 14% policy rate provides room to keep inflation under control while supporting businesses, investment and growth.
He assured stakeholders that the Bank remains committed to maintaining an orderly and well-functioning foreign exchange market.
“Our goal is simple – to create an economic environment where businesses can grow with confidence, households can plan for the future, and every Ghanaian can share in the benefits of a stable and growing economy.”
He said this while speaking at a stakeholder engagement in Sunyani, Bono Region.
Dr Asiama said the Bank’s priority is to create a stable economic environment that allows businesses to plan, invest and grow with confidence.
“The progress we have made is encouraging, but we must not become complacent. The global economy remains uncertain, and events beyond our borders can still affect us. That is why the Bank of Ghana will continue to take decisions that protect the value of the cedi, keep inflation low, preserve financial stability and support sustainable economic growth.”
