President Akufo-Addo has applauded the Bank of Ghana Governor, Dr. Ernest Addison and his two deputies, Dr. Maxwell Opoku-Afari and Elsie Awadzi for prudently managing the monetary economy in the storm of economic challenges.

The President also commended the leadership of the Central Bank and the entire staff for their professionalism and dedication to work.

Speaking at the commissioning of the new headquarters of the Bank of Ghana branded the ‘The Bank Square’, the President expressed optimism that inflation will ease in the coming months as a result of prudent monetary policy and other measures implemented.

The Bank Square’s commissioning marks a broader vision of progress. It reflects Ghana’s ambitions to position itself as a regional financial powerhouse.

With facilities designed to meet international standards, the new headquarters will bolster the Central Bank’s ability to implement reforms, enhance regulatory frameworks, and attract investments.

President Akufo-Addo said the imposing architectural marvel, located in the heart of the capital, is poised to become a symbol of the nation’s economic strength and a beacon of financial innovation.

Addressing a distinguished audience, he lauded the new edifice as a testament to the Central Bank’s enduring relevance and commitment to modernising Ghana’s financial institutions.

He emphasised the historical significance of the Bank of Ghana, established in 1957 at the dawn of the country’s independence, as a custodian of Ghana’s monetary stability and economic resilience.

The journey to this momentous achievement, President Akufo-Addo revealed, was driven by the growing demands and complexities of the Central Bank’s operations over six decades.

He added that the old headquarters, while historically significant, had become inadequate, and therefore this new complex, crafted by Ghanaian architectural powerhouse GoldKey Properties under the leadership of Kwaku Bediako, signals a transformative era for the Bank of Ghana.

“This structure, built by Ghanaians for Ghanaians, stands as a landmark of pride,” the President further said.

He urged all stakeholders to draw inspiration from The Bank Square as they continue to build a stable, inclusive, and prosperous economy.

In conclusion, President Akufo-Addo expressed hope that The Bank Square would inspire future generations to strive for excellence in service to the nation.

 As the new headquarters begins its operations, it symbolizes not only the growth of Ghana’s financial sector but also the collective aspiration for a robust and resilient economy.