Audio By Carbonatix
Stakeholders in the country’s financial sector as well as the Association of Ghana Industries have given thumps up to the immediate past governor of the Bank of Ghana
Paul Acquah bowed out on Wednesday after serving eight years with Ghana’s Central Bank, receiving wide applause for his high-level fiscal discipline.
He was adjudged the best central bank governor in Africa for his role in maintaining a stable and resilient economy.
He is also credited with key reforms during an eight-year tenure which culminated in the creation of an interest rate policy committee and the redenomination of the cedi.
President of the Association of Ghana Industries, Tony Oteng Adjei, in an interview with Joy News intimated the former governor can “retire with his head high.”
Even though he criticized Dr. Acquah’s models in fighting inflation, he said on the balance the governor did a good job.
He also lauded the smooth transition between the outgoing governor and the incoming one, Dr Paa Kwesi Ammissah-Arthur, describing it as one of the smoothest in recent times.
Managing Director of Stanbic Bank, Alhassan Andani said Ghana must tap into the knowledge of the retiring governor.
He said Dr. Acquah brought “monumental changes” within the country’s financial sector, adding Ghana must still take advantage of the huge reservoir of knowledge.
He said the services of Dr. Acquah will be required worldwide and expressed the hope that Ghana will be the beneficiary.
Story by Nathan Gadugah/ Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Former Accra Mayor Blankson endorses Wontumi for NPP national chairmanship
27 minutes -
Eid festivals explained on Behind The Lens with Queen Liz
34 minutes -
Meet Emelia Naa Ayeley Aryee, the Ghanaian Gender Advocate helping couples overcome infertility stigma
1 hour -
Oil pulls back as traders look for progress on US-Iran talks
2 hours -
The proposed imposition of a 0.75% fee on Mobile Money-To-Bank transfers raises serious concerns regarding fairness, financial inclusion, and the underlying principle of interoperability within the digital financial ecosystem
2 hours -
Trump raises refugee ceiling by 10,000 to bring in more white South Africans
2 hours -
One killed and others missing after chemical explosion at US paper mill
2 hours -
First Ghanaians set to be repatriated from South Africa over anti-immigrant protests
2 hours -
Deliver or be questioned – Majority Chief Whip warns OSP
2 hours -
Crime is everywhere – Dafeamekpor slams OSP’s Accra-centred operations
3 hours -
Don’t be cocooned in Accra – Dafeamekpor pushes OSP to invade districts
3 hours -
Free sanitary pads and pad bank Initiative cut teenage pregnancy in Bosomtwe – Girl Child coordinator
3 hours -
Asunafo North Municipal Assembly deploys DL-Rev Software to tackle revenue shortfall
4 hours -
General Mosquito promised to ‘annihilate’ NPP – Dafeamekpor reveals details of earlier tour
4 hours -
Asiedu Nketia has been touring since 2021, not plotting new campaign, says Dafeamekpor
4 hours