Ghana’s inflation rate for March drops sharply to 45% – Report

Ghana’s inflation rate dropped sharply from 52.8 per cent in February 2023 to 45 per cent in March this year, according to the Ghana Statistical Service (GSS),
Ghana’s inflation rate dropped sharply from 52.8 per cent in February 2023 to 45 per cent in March this year, according to the Ghana Statistical Service (GSS),
Bank of Ghana (BoG) Governor Dr. Ernest Addison says significant progress has been made in development of the e-Cedi, the country’s digital currency. The digital currency is vital in the country’s plan to expand financial inclusion and enhance digitalisation.
Ghana’s inflation rate fell to 52.8 percent in February, down from 53.6 percent in January.
A delegation led by Ghana’s Finance Minister, Ken Ofori-Atta, is expected to go to China this week to begin talks on the country’s US$1.7 billion bilateral debt restructuring. However, the discussion is coming off at a time the diplomatic rift between China and the United States (US) seems to be widening.