BY: Daniel Asare
Chief Executive Officer of Dalex Finance, Joe Jackson says the Bank of Ghana survey of inflation target of twelve percent from the sixteen percent projection earlier in 2025 can be achieved if government stays fiscally disciplined
Speaking to the press on the sidelines of the International Monetary Fund World Bank spring meetings, the governor of the Bank of Ghana, Dr. Johnson Asiamah made the disclosure citing new monetary measures by the central bank alongside complementing fiscal actions by government.
However Mr. Jackson believes tight budget control and specific spending’s will be crucial.
“The elephant in the room has always been the government borrowing money; which is what we call deficit financing, over and above what is prudent” he said.