At the Bank of Ghana, he said they recognise that effective monetary policy and financial-sector regulation depend fundamentally on the quality of the data available to us.

Published 30 Oct 2026, 06:14 GMT

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The Governor of the Bank of Ghana, Johnson Pandit Asiama, on Thursday, 29 October 2026, joined key stakeholders in Accra for the launch of the maiden edition of Ghana in Numbers 2025, an initiative by the Ghana Statistical Service aimed at making official statistics more accessible to support evidence-based policymaking, business decisions, and national development.

Emphasising the importance of reliable data for monetary policy, financial sector regulation, and Ghana's development agenda, the Governor called for the publication to serve as a vital resource for understanding the country's progress and shaping its future.

"Let us see Ghana in Numbers not merely as a statistical publication, but as a national resource for understanding our circumstances, evaluating our progress, and making better decisions about our collective future," Dr. Asiama noted.

At the Bank of Ghana, he said they recognise that effective monetary policy and financial-sector regulation depend fundamentally on the quality of the data available to the BoG.

As an inflation targeting central bank, he said, their decisions are both forward-looking and data-driven.

"We rely on data to assess the inflation dynamics, and the interaction between inflation, exchange rates, economic activity, credit conditions and external developments. These assessments require rigorous economic research and sound analytical frameworks, supported by accurate and timely statistics. Reliable statistics do more than inform policy.

"They strengthen transparency, enhance accountability and promote public confidence in institutions. They also help businesses and investors assess economic conditions, manage risks and make informed investment decisions.

"This is why the inclusion of a dedicated monetary and financial-sector section in Ghana in Numbers 2025, drawing substantially on official data produced by the Bank of Ghana, is particularly welcome. Information on inflation, interest rates, credit to businesses and households, foreign reserves and banking-sector conditions helps to provide a clearer understanding of Ghana’s economic and financial environment," he said.

Laud NarteyLaud Nartey is a current affairs editor with the MG News team at Media General, serving TV3 Ghana, 3News, Onua TV and more platforms.

Accurate Data Is the Real Foundation for Monetary Policy - BoG Governor

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