The Bank of Ghana (BoG) Monetary Policy Committee (MPC) is poised to reveal its latest decision today, Friday, November 29, 2024, following the conclusion of its 121st meeting.
This announcement will replace the usual press briefing and be made via a press statement.
The press briefing had initially been planned for Monday, December 2, 2024.
The decision has sparked concerns among analysts and market observers, especially with increased scrutiny of the central bank’s management of the foreign exchange position ahead of next month’s general elections.
In a press statement on Tuesday, November 26, 2024, the BoG announced that it would not hold a press briefing after its policy meeting—a departure from its usual practice of explaining decisions and engaging with the media and public.
Although no official explanation was given, market watchers suspect that this move is a strategic attempt to manage communication during a time of economic and political sensitivity.
