{"id":18354,"date":"2026-08-13T12:26:33","date_gmt":"2026-08-13T12:26:33","guid":{"rendered":"https:\/\/gnbcc.net\/?p=18354"},"modified":"2026-08-13T12:26:40","modified_gmt":"2026-08-13T12:26:40","slug":"bog-sees-stronger-credit-resilient-cedi-supporting-recovery","status":"publish","type":"post","link":"https:\/\/gnbcc.net\/bog-sees-stronger-credit-resilient-cedi-supporting-recovery\/","title":{"rendered":"BoG sees stronger credit, resilient cedi supporting recovery"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Bank of Ghana (BoG) says <strong>stronger private sector lending, resilient external buffers and a recovery in the cedi<\/strong> are reinforcing Ghana\u2019s economic recovery.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the <em>Business &amp; Financial Times (B&amp;FT)<\/em>, the central bank sees these developments as important factors supporting the ongoing recovery of the Ghanaian economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The improvement in private sector credit, together with resilient external buffers and the recovery of the cedi, points to strengthening conditions within the economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The developments are being closely monitored as the Bank of Ghana assesses the country\u2019s economic performance and the factors supporting the recovery.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Source:<\/strong> The Business &amp; Financial Times (B&amp;FT)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read more here:<\/strong> <a href=\"https:\/\/thebftonline.com\/article\/bog-sees-stronger-credit-resilient-cedi-supporting-recovery\" rel=\"nofollow noopener\" target=\"_blank\">B&amp;FT \u2013 BoG sees stronger credit, resilient cedi supporting recovery<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Ghana says stronger private sector lending, resilient external buffers and a recovery in the cedi are reinforcing Ghana\u2019s economic recovery. The central bank views these developments as key indicators of improving economic conditions.<\/p>\n","protected":false},"author":12,"featured_media":18355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"yes","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[153],"tags":[],"class_list":["post-18354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-articles"],"jetpack-related-posts":[{"id":18686,"url":"https:\/\/gnbcc.net\/boost-productive-sector-lending-bog\/","url_meta":{"origin":18354,"position":0},"title":"Boost productive-sector lending &#8211; BoG","author":"Paul N.","date":"August 20, 2026","format":false,"excerpt":"The Bank of Ghana has urged banks to translate easing financial conditions and stronger credit growth into increased financing for productive sectors, particularly SMEs and agricultural value chains.","rel":"","context":"In &quot;News Articles&quot;","block_context":{"text":"News Articles","link":"https:\/\/gnbcc.net\/category\/news-articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-20.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-20.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-20.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-20.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-20.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":13601,"url":"https:\/\/gnbcc.net\/economic-recovery-built-on-discipline-not-miracles-veep-gef-2025\/","url_meta":{"origin":18354,"position":1},"title":"Economic recovery built on discipline, not miracles \u2013 Veep: GEF 2025","author":"Michael Teye","date":"October 31, 2025","format":false,"excerpt":"The country\u2019s economic recovery stems from deliberate policy choices rather than miracles, Vice President Prof. Jane Naana Opoku-Agyemang has said \u2013 pointing to strengthened gold reserves, eased creditor stress and fiscal reforms now yielding results.","rel":"","context":"In &quot;News Articles&quot;","block_context":{"text":"News Articles","link":"https:\/\/gnbcc.net\/category\/news-articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/10\/GEF2025.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/10\/GEF2025.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/10\/GEF2025.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/10\/GEF2025.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/10\/GEF2025.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":17472,"url":"https:\/\/gnbcc.net\/pwc-forecasts-12-policy-rate-us1-gh%c2%a213-by-2027\/","url_meta":{"origin":18354,"position":2},"title":"PwC forecasts 12% policy rate, US$1-GH\u00a213 by 2027\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0","author":"Paul N.","date":"July 24, 2026","format":false,"excerpt":"PricewaterhouseCoopers (PwC) Ghana forecasts that the Bank of Ghana\u2019s policy rate could decline to 12\u201313% by early 2027, while the cedi may gradually depreciate to around GH\u00a213 to US$1 by the end of 2026. The outlook highlights potential opportunities for lower borrowing costs alongside continued foreign-exchange risks for businesses.","rel":"","context":"In &quot;News Articles&quot;","block_context":{"text":"News Articles","link":"https:\/\/gnbcc.net\/category\/news-articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/ESQ-Elsie-22.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/ESQ-Elsie-22.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/ESQ-Elsie-22.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/ESQ-Elsie-22.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/ESQ-Elsie-22.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":16080,"url":"https:\/\/gnbcc.net\/reserves-up-cedi-down\/","url_meta":{"origin":18354,"position":3},"title":"Reserves up, cedi down","author":"Grace Agorigo","date":"May 29, 2026","format":false,"excerpt":"Foreign exchange (FX) reserves climbed to their highest level in more than a year in May, but the gains have yet to halt pressure on the cedi as rising corporate dollar demand, seasonal dividend repatriation and elevated oil prices continue to weigh on the currency. Recent data from the Bank\u2026","rel":"","context":"In &quot;News Articles&quot;","block_context":{"text":"News Articles","link":"https:\/\/gnbcc.net\/category\/news-articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/05\/SNBN-13.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/05\/SNBN-13.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/05\/SNBN-13.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/05\/SNBN-13.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/05\/SNBN-13.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":14831,"url":"https:\/\/gnbcc.net\/central-bank-extends-easing-cycle-with-250bps-rate-cut-to-15-5\/","url_meta":{"origin":18354,"position":4},"title":"Central bank extends easing cycle with 250bps rate cut to 15.5%","author":"Michael Teye","date":"January 30, 2026","format":false,"excerpt":"The Bank of Ghana (BoG) has cut its benchmark interest rate by 250 basis points (bps) to 15.5 percent, extending its easing cycle to a four-year low as falling inflation and improved macroeconomic conditions allow policymakers to shift focus toward supporting growth.","rel":"","context":"In &quot;News Articles&quot;","block_context":{"text":"News Articles","link":"https:\/\/gnbcc.net\/category\/news-articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/01\/BOG-th-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/01\/BOG-th-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/01\/BOG-th-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/01\/BOG-th-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/01\/BOG-th-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/01\/BOG-th-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":14440,"url":"https:\/\/gnbcc.net\/central-bank-signals-tougher-scrutiny-of-banks\/","url_meta":{"origin":18354,"position":5},"title":"Central bank signals tougher scrutiny of banks","author":"Michael Teye","date":"December 18, 2025","format":false,"excerpt":"The central bank has signalled a tougher supervisory stance on banks, saying it will introduce new stress tests, recovery-planning requirements and stricter enforcement to protect financial stability even as lenders return to profitability and capital strength improves.","rel":"","context":"In &quot;News Articles&quot;","block_context":{"text":"News Articles","link":"https:\/\/gnbcc.net\/category\/news-articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/12\/Banksa.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/12\/Banksa.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/12\/Banksa.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/12\/Banksa.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/12\/Banksa.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-20.jpg","_links":{"self":[{"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/posts\/18354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/comments?post=18354"}],"version-history":[{"count":1,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/posts\/18354\/revisions"}],"predecessor-version":[{"id":18356,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/posts\/18354\/revisions\/18356"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/media\/18355"}],"wp:attachment":[{"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/media?parent=18354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/categories?post=18354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/tags?post=18354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}