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Bank of Ghana’s MPC kicks off 123rd meeting to review economic policies and address inflation

The Bank of Ghana’s Monetary Policy Committee (MPC) is set to begin its 123rd regular meeting today, Monday, March 24, 2025.

The three-day session, running through Wednesday, March 26, 2025, will focus on reviewing recent economic developments and making crucial decisions regarding monetary policy.

Chaired by Dr. Johnson Asiama, Governor of the Bank of Ghana, this meeting comes at a critical juncture for the nation’s economy. With inflation still high and the local currency experiencing volatility, the MPC is expected to evaluate strategies to stabilize prices and foster economic growth.

A key point of discussion is likely to be the policy rate, currently at 27.00%, as the Committee assesses its impact on inflation and borrowing costs.

The outcomes of the meeting will be closely monitored by businesses, investors, and financial analysts, who are seeking clues about the economic direction for the months ahead.

The MPC’s decisions will play a significant role in shaping lending rates, investment plans, and overall market confidence.

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