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Ghana's central bank meets amid 23.1% inflation, considering a policy rate hike to 28%.
The Bank of Ghana (BoG) is set to hold its 123rd Monetary Policy Committee meeting on March 24, 2025, to address high inflation of 23.1%, up from the target range of 6 to 10%.
Experts predict a potential increase in the benchmark policy rate to 28%, while others suggest a cut due to falling global commodity prices.
Governor Dr. Johnson Asiama emphasized the need for greater transparency and public trust in the decision-making process.
Economic growth improved to 5.7% in 2024, but fiscal constraints remain a challenge.
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El banco central de Ghana se reúne en medio de la inflación del 23,1%, considerando un aumento de la tasa de políticas al 28%.