Bank of Ghana Governor highlights economic recovery and digital finance push at CEO Summit

By:  Nana Appiah Acquaye

The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has highlighted Ghana’s recent macroeconomic recovery and outlined the central bank’s strategic direction for monetary policy reform, financial supervision, and digital financial innovation.

Speaking at the 10th Ghana CEO Summit and Expo, Dr. Asiama said Ghana is at a critical economic juncture, noting that the country’s recovery over the past year has been the result of disciplined policy implementation and coordinated efforts by key economic institutions.

He stated that inflation has moderated significantly, exchange rate conditions have stabilised, and foreign reserves have strengthened, contributing to renewed confidence in the economy. According to him, these gains reflect difficult but necessary decisions taken to restore macroeconomic stability.

Dr. Asiama commended the organisers of the Ghana CEO Summit for providing a platform for sustained dialogue between policymakers and business leaders, describing the forum as essential for shaping forward-looking economic discussions.

He further outlined reforms underway at the Bank of Ghana, including the development of a more transparent and forward-looking monetary policy framework and the adoption of a proactive, risk-sensitive approach to financial sector supervision.

He added that the central bank is strengthening its capacity in digital finance through the establishment of dedicated departments focused on fintech, artificial intelligence and data analytics, as well as virtual assets regulation. He also confirmed that Ghana’s eCedi central bank digital currency pilot has been successfully completed.

Dr. Asiama emphasised that digital transformation must be implemented responsibly and inclusively, with strong governance structures to protect consumers and ensure broad-based benefits.

He called on business and corporate leaders to play an active role in sustaining economic stability, stressing that Ghana’s long-term transformation will depend on collaboration between institutions, the private sector, and policymakers.

He concluded that building a more competitive and resilient economy requires disciplined institutions, innovative enterprises, and shared national commitment.