The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has, by a majority decision, reduced the monetary policy rate by 250 basis points to 15.5 per cent from 18 per cent, citing strong macroeconomic stability and a favourable domestic and external environment. The latest cut brings the policy rate to its lowest level in four years, since January 2022. He explained that the reduction was also intended to ease the cost of credit, stimulate private sector activity and support economic growth. “The Bank’s Composite Index of Economic Activity rose sharply, recording 8.8 per cent growth in November 2025, up from 1.5 per cent a year earlier,” he said. Against this backdrop, the International Monetary Fund projects global growth to remain steady at 3.3 per cent in 2026.