The Governor of the Bank of Ghana, Johnson Pandit Asiama, has highlighted the significance of reliable data in monetary policy and financial sector regulation. On October 29, 2026, he attended the launch of Ghana in Numbers 2025, an initiative by the Ghana Statistical Service. This publication aims to make official statistics more accessible to support evidence-based policymaking, business decisions, and national development.
Dr. Asiama emphasized that high-quality data is essential for the Bank of Ghana's decision-making process. As an inflation-targeting central bank, their decisions are both forward-looking and data-driven. The Governor noted that reliable statistics 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.
The Bank of Ghana recognizes that effective monetary policy and financial-sector regulation depend fundamentally on the quality of available data. Dr. Asiama highlighted the importance of accurate and timely statistics in assessing 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.
The Governor welcomed the inclusion of a dedicated monetary and financial-sector section in Ghana in Numbers 2025. This section draws substantially on official data produced by the Bank of Ghana, providing information on inflation, interest rates, credit to businesses and households, foreign reserves, and banking-sector conditions. This information helps provide a clearer understanding of Ghana's economic and financial environment.
Dr. Asiama encouraged stakeholders to view Ghana in Numbers not merely as a statistical publication but as a national resource for understanding the country's circumstances, evaluating progress, and making better decisions about the collective future. He made this statement at the launch event in Accra, where key stakeholders gathered to discuss the publication's potential impact.
The Ghana Statistical Service's initiative aims to make official statistics more accessible to support evidence-based policymaking, business decisions, and national development. By providing reliable data, the publication can help shape Ghana's development agenda and inform policy decisions. The Bank of Ghana's involvement in the initiative underscores the importance of collaboration between institutions in promoting data-driven decision-making.
The publication of Ghana in Numbers 2025 is expected to have a positive impact on Ghana's development. By providing accurate and timely statistics, the publication can help businesses, investors, and policymakers make informed decisions. The Bank of Ghana's Governor emphasized that reliable data is crucial for effective monetary policy and financial-sector regulation, and the publication is a step in the right direction.
Key points
- The Bank of Ghana's Governor emphasizes the importance of high-quality data for effective monetary policy and financial-sector regulation.
- The Ghana Statistical Service's initiative aims to make official statistics more accessible to support evidence-based policymaking, business decisions, and national development.
- The publication of Ghana in Numbers 2025 is expected to have a positive impact on Ghana's development by providing accurate and timely statistics.
