CIB Ghana Post-MPC policy seminar urges action to turn macroeconomic stability into jobs

CIB Ghana's Post-MPC Policy Seminar urged action to turn macroeconomic stability into jobs at the institute's auditorium. The call came at the seminar, held under the theme 'Balancing Stability and Growth: Interest Rates Impact in Geopolitical Shocks,' with bankers, policy experts and industry leaders warning that stability alone is not enough to shield the economy from global shocks. Togbe Asiama Krakani V, FCIB welcomed participants, highlighting the Institute's role as the talent and leadership engine for the banking sector.

The seminar included representatives from the Bank of Ghana (BoG), Ministry of Finance, the Association of Ghana Industries (AGI), Ghana Union of Traders' Associations (GUTA), key banking institutions and students. Mr. Robert Dzato, FCIB presented insights from a survey conducted across the banking sector, engaging Head of Banks, heads of treasury, credit risk officers, and other senior executives. The survey showed that about 72 percent of respondents expressed high confidence in economic stability and 89 percent anticipating improved lending appetite over the next quarter. Mr. Dzato said, "Our findings indicate that stability is being effectively transmitted into lending, but there is scope for further easing to support the real sector."

Dr. Philip Abradu-Otoo read a speech on behalf of Dr. Johnson Pandit Asiama, emphasizing that the central bank's focus in 2026 is shifting from macroeconomic stabilization to durable, inclusive growth. The recent cut in the policy rate to 14 percent from 15.5 percent aims to lower borrowing costs, expand credit access for Small and Medium-sized Enterprises (SMEs) and traders and enhance the effectiveness of monetary policy. Dr. Abradu-Otoo noted headline inflation of 3.3 percent in February 2026, relative stability of the cedi and