Key facts
- Ghana's central bank states the economy remains resilient.
- Higher oil prices and Iran conflict uncertainty are noted external shocks.
- Potential for monetary easing exists if external shocks fade.
The Bank of Ghana has stated that the Ghanaian economy continues to demonstrate resilience, despite facing external shocks such as higher oil prices and ongoing uncertainty related to the Iran conflict. Governor Johnson Pandit Asiama indicated that there might be scope to resume monetary easing if the impact of these external factors begins to diminish. The central bank's assessment suggests a current stability in the nation's economic standing.