Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, disclosed the development when he engaged Chief Executive Officers and heads of banks, noting that real private sector credit growth also stood at 34.1%. These developments are beginning to translate into stronger credit flows to the private sector,” Dr. Asiama said. He described the growth in private sector credit as “a significant development,” against the backdrop of declining inflation and relatively stable financial conditions. The latest credit growth comes as Ghana’s broader macroeconomic conditions continue to improve. Dr. Asiama said these developments provide a stronger foundation for banks to support businesses and households and contribute to sustainable economic growth.