Ghana Faces Mixed Outlook Amid Global Gold Price Volatility

  • Potential decline in global gold prices could impact Ghana’s reserves and cedi stability
  • Weaker cedi may lead to higher inflation and reduced investor confidence
  • A stronger cedi could lower inflation and enable earlier monetary easing
  • Government spending expected to decline in 2025 under IMF fiscal reforms
  • Stable exchange rate with high gold prices may support household spending