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flag Ghana's central bank struggles to control inflation, prompting expected interest rate hikes in 2025.

flag Ghana's central bank, the Bank of Ghana (BoG), is facing challenges in controlling inflation, which reached 25.8% in March 2024 and rose again to 23.8% by December despite measures like adjusting bank reserve ratios. flag In 2025, analysts expect further interest rate hikes to curb demand and stabilize prices, as the BoG's liquidity management has also slowed credit growth for businesses. flag The International Monetary Fund may require additional monetary tightening if the real policy rate remains low at 3.2%.

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