Dr. Johnson Asiama, BoG Governor
The Financial institution of Ghana’s actual sector indicators level to a sustained enchancment in financial exercise amid considerably improved enterprise and client sentiments.
In response to the Central Financial institution, the up to date Composite Index of Financial Exercise (CIEA) rose by 5.7% year-on-year in January 2025, relative to three.5% in the identical interval of 2024.
This was pushed by elevated consumption, worldwide commerce actions and personal sector credit score progress.
Additionally, the boldness surveys performed in February 2025 confirmed important enchancment in each client and enterprise sentiments, buoyed by expectations for an improved macroeconomic atmosphere.
In the meantime, the Financial institution of Ghana has said that non-public sector credit score is starting to point out indicators of restoration.
In February 2025, personal sector credit score recorded 26.9% annual progress in contrast with 5.1% in February 2024.
In actual phrases, credit score progress was 3.1%, in contrast with a decline of 14.7% in February 2024
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