Johnson Asiama Updates

💬 “They printed too much money and WE felt it.” Dr. Johnson Asiama breaks down how excess liquidity from the previous administration created economic chaos and what was done to fix it. 📊

Why did prices spike — and why are they falling now? 🤔 Too much money was printed and pumped into the system. Bank of Ghana pulled it back (sterilization) + adjusted rates = Inflation dropping! 📉 The Governor explains. 👇

Government has signed an MOU to inject capital into the Bank of Ghana, reversing the negative net equity that has existed since 2022 under the previous administration.

💬 “Oh yes, certainly and I want to say that clearly—things are genuinely getting better. People deserve to hear it plainly.”- Dr. Johnson Asiama

BoG Governor, Dr. Johnson Asiama explains why the Monetary Policy Rate reduction is not problematic.

What the reduction in Monetary Policy Rate to 14% means for someone looking for a loan.

Gold sales to the Middle East remain INTACT and Ghana is eyeing even BIGGER markets. 🇬🇭🥇​​​​​​​​​​​​​​​.- Dr. Johnson Asiama, BoG Governor.

📢 “Stop the wild allegations!” — BoG Governor invites Kofi Bentil to see the books on Ghana’s 18 tonnes of gold.

📉 BoG cuts rates! 15.5% ➡️ 14% Ghana’s economy is shifting — are you ready? 🇬🇭

The indicators show Ghana's economy is stabilising faster than expected. The Middle East conflict is disrupting energy and shipping routes, boosting oil price volatility and creating uncertainty around global inflation.- Dr. Johnson Asiama.

Monetary Policy Committee Meeting Week. What are your expectations?