Akufo-Addo
President Akufo-Addo has called on the Bank of Ghana (BoG) to formulate and implement policies that will help consolidate the recent economic gains in the country.
Akufo-Addo’s comment is in reference to the latest drop in inflation rate for the month of November from 35.2% in October 2023 to 26.4%.
Speaking at an end of year cocktail in Accra on Thursday (14 December), Akufo-Addo advised the central bank to ignore the mischief of misguiding elements and maintain focus on executing its mandate.
“…., I am aware this year has been challenging for the bank but with the excellent leadership and the dedicated staff of the BoG, the bank has been able to surmount the difficulties and emerged even stronger.”
“While I congratulate the bank for its achievements over the years, I want to stress that the current economic challenges require that every hand should be on deck.By the grace of God, we have turned the corner and I reiterate my call for stronger partnerships and greater degree of policy coordination between the BoG and the Ministry of Finance.”
“This call is for the bank within its remit of operational independence to play a pivotal role in helping to formulate and implement policies that will help usher in the economic transformation we all desire. In so doing, the bank should ignore the mischief of misguiding elements and maintain its focus on executing its mandate,” Akufo-Addo said.
