New BoG governor pledges to tackle inflation

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The newly appointed Governor of the Bank of Ghana (BoG), Dr. Johnson Asiamah, has reaffirmed his commitment to addressing Ghana’s economic challenges, particularly persistent inflation, as part of the central bank’s core mandate.

During his first official meeting with Deputy Governors Dr. Maxwell Opoku-Afari and Elsie Addo Awadzie, Dr. Asiamah acknowledged the pressing need for policy adjustments to respond to macroeconomic pressures that have hindered growth.

He assured that strategic interventions would be announced at the appropriate time.

With inflationary trends continuing to strain the economy, Dr. Asiamah emphasized that the central bank is carefully evaluating necessary policy modifications to ensure stability. However, he stressed that his leadership would not disrupt the bank’s operational continuity or strategic direction.

“We remain focused on our mandate, and that remains unchanged. While there will be adjustments to address the current economic challenges, we will communicate those at the right time,” he stated.

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