Dr Johnson Asiama is the Governor of the Bank of Ghana
The Governor of the Bank of Ghana, Dr Johnson Asiama, has announced that Ghana’s Gross International Reserves currently stand at US$12 billion, reflecting a much stronger economy in 2025.
Speaking at the launch of the Cedi@60 on October 28, 2025, Dr Asiama stated that headline inflation had eased to 9.4 percent as of September 2025.
According to him, inflation has long been a concern for Ghana’s economy, hampering investor confidence and Foreign Direct Investment (FDI) inflows.
“Headline inflation is now at 9.4% as of September 2025, and we expect it to end the year even lower. The cedi has appreciated by 37% as of October 17, and according to the World Bank, it is the best-performing currency in sub-Saharan Africa for the first eight months of 2025.
“Our gross international reserves are currently around $12 billion, providing a robust cushion against external volatility and restoring investor confidence,” he said.
LIVESTREAMING: BoG launches Cedi@60
In its recent report, the World Bank named the cedi as the best-performing currency in sub-Saharan Africa during the first eight months of 2025.
Dr Asiama attributed this achievement to the government’s coordinated efforts in turning the fortunes of the economy around.
SP/AE
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