Average lending rate in Ghana falls from 27% to 15.6% — World Bank

6 per cent in June 2026, as improving macroeconomic conditions and monetary policy easing increasingly filtered through to borrowing costs, according to the World Bank.

The Bank subsequently maintained the rate at 14 per cent as it sought to consolidate price stability while allowing earlier policy easing to work through the economy.

The development follows a sustained easing of monetary conditions by the Bank of Ghana, under Governor Dr Johnson Pandit Asiama, after the sharp decline in inflation created room for the central bank to progressively reduce its policy rate.