On January 28, 2026, the Bank of Ghana cut its policy rate by 250 basis points to 15.5%, signaling a major macroeconomic turnaround. Inflation has fallen to 5.4%, while the Ghanaian Cedi appreciated 40.7% against the US dollar over the past year. Economists praise the move as a catalyst for growth, credit expansion, and investor confidence.
The Bank of Ghana headquarters in Accra, symbolizing the 2026 economic “reset.”
Stimulating Economic Growth
The rate cut is expected to lower borrowing costs for businesses and households, driving investments in key sectors such as agriculture, technology, and infrastructure.
Strengthening the Cedi
The local currency’s strong performance supports import-substitution strategies and improves Ghana’s foreign reserve position.
Outlook for 2026
Analysts predict that continued fiscal discipline and prudent monetary policy will sustain the recovery, creating a stable environment for businesses and consumers alike.
Learn more about Ghana Currency Laws here.
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