Ghana’s inflation projected to stay below 10% for next three to four years – Theo Acheampong
Economist and political risk specialist Dr Theo Acheampong says Ghana’s inflation is projected to remain below 10 per cent over the next three to four years.
Dr. Theo Acheampong, an economist and political risk specialist, predicts that Ghana's inflation will remain below 10% for the next three to four years. He makes this projection based on the government's medium-term fiscal projections, which indicate that prices will stay within the single-digit range. This forecast was in response to a query about the government's ability to ensure price stability in 2027 and 2028.
Acheampong emphasized that the government will present its 2027 budget next week, which will outline its expectations for growth, inflation, economic size, and fiscal balances. He encouraged viewers to compare this with the previous budget projections, including the 2025 budget. Regarding workers, Acheampong suggested that a consistent single-digit inflation environment would be favorable for them.
He suggested that a sustained single-digit inflation would enable the government to offer workers wage increases of 9 or 10 percent. The outcome of this inflation outlook would ultimately determine the extent of workers' benefit from subsequent pay adjustments.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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