Introduction Perspectives on the digital space, emerging technologies, artificial intelligence, cybersecurity, and market dynamics. 24 - CEO’ s Foreword 01 - Executive Summary 03 CONTENTs Macroeconomic Insights - Global Macroeconomic Outlook 05 - Ghana Macroeconomic Outlook 08 - Monetary Policy and Interest Rates 10 Commodity Market Outlook and Terms of Trade Banking Industry Outlook for 2026 -Performance of Ghana’s Banking Sector (2010-2025) 29 - Gold Price Performance 12 -Development and Performance of the GSE: with Focus on Financial Stocks. 31 - Cocoa Price Performance 12 - Crude Oild & Gas Price Performance 13 -Evolution of Mobile Money in Ghana:
33 Ghana’s Fiscal Position and Debt Dynamics Key Developments in Ghana’s Financial Landscape - Ghana’s Fiscal Outlook from 2026 and Beyond 16 - Digital and Virtual Assets, Blockchain Technology, and Financial Digilisation 36 - IMF Programme Assessment and Post - Non-Interest Banking 40 - ESG and Sustainability in Financial Intermediation 40 IMF Outlook 19 Global Political Landscape Global Financial Stability and Banks; 2026 Outlook Compendium 41 Geopolitical Fragmentation, Trade Disruptions and Financial Spillovers 20