
Audio By Carbonatix
Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, says Ghana’s macroeconomic stability is a hard-won achievement, resulting from discipline, restraint, and sustained institutional effort.
Speaking at a New Year media briefing on Friday, January 16, Dr. Asiama highlighted the landmark reforms including the passage of the BoG's Amendment Bill 2025, which he said have strengthened the central bank’s independence and enhanced its ability to safeguard the economy.
"These efforts helped restore macroeconomic stability, improve coordination between monetary and fiscal authorities, and place the economy on a firmer footing.
"The gains were hard-won and achieved through discipline, restraint, and institutional effort. They carry with them a responsibility to protect stability, to act with humility, and to remain faithful to the public trust placed in the Bank of Ghana.”
The reforms, the Governor explained, are part of broader efforts to align Ghana’s central banking framework with international best practice.
Beyond legislation, Dr Asiama noted that progress was recorded in payments and digital finance, saying through the Ghana Interbank Payment and Settlement Systems (GIPS), payment of infrastructure was modernised, instant payment capabilities expanded, and interoperability across platforms improved.
He also pointed to the passage of the Virtual Asset Services Bill, which has now been passed into law, as a milestone in establishing a regulated framework for digital assets, providing a foundation for orderly growth in emerging sectors.
“These efforts helped restore macroeconomic stability, improve coordination between monetary and fiscal authorities, and place the economy on a firmer footing,” he said.
Latest Stories
-
NPP revises internal election guidelines to strengthen transparency and inclusiveness
20 minutes -
NACOC set to issue licences to qualified applicants for cannabis cultivation – Deputy Director-General
28 minutes -
Easter Outreach: Victory Bible Church offers free healthcare, NHIS support to hundreds
31 minutes -
NPP cannot pressure Mahama to sign a bill not yet received—Solomon Owusu
41 minutes -
MPs, institutions deepen support for Ghana Sports Fund with fresh contributions
48 minutes -
Four people die trying to board boat in Channel crossing attempt
55 minutes -
Abirem MP announces GH₵500,000 education fund to support needy students
55 minutes -
African stakeholders call for stronger ‘One Health’ action on climate and health crises
57 minutes -
DVLA to commission 5 new service centres in Greater Accra
1 hour -
Agenda 111 and the right to health: A broken social contract
1 hour -
Bawa-Rock Ltd funds GH¢400,000 free surgeries for 102 vulnerable patients
1 hour -
Lambussie MP awards over GH¢200,000 in scholarships to students
1 hour -
Vice President expresses gratitude after double enstoolment in Volta Region
1 hour -
Beyond the Noise: Rebuilding trust in journalism in a digital age
1 hour -
I have to follow the law – CAF president tells Senegal regarding AFCON saga
1 hour