
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
-
Edmond Boateng takes up secretary role at Honorary Consular Corps of Ghana
3 hours -
Gambia appoints British barrister to prosecute gruesome Jammeh-era crimes
4 hours -
Girl group Flo on entering into their ‘bombastic, confident, strong’ era
4 hours -
Germany suspends military approval for long stays abroad for men under 45
4 hours -
Liverpool face uphill Champions League task after PSG thrashing in Paris
4 hours -
‘Ketamine Queen’ sentenced to 15 years in Matthew Perry overdose death
4 hours -
Nigeria begins mass trial of 500 terrorism suspects
4 hours -
Atletico Madrid stun 10-man Barcelona to seize Champions League semi-final advantage
5 hours -
Black Stars coach to be announced by next week – Sports Minister
5 hours -
Chiefs, queen mothers and principal elders of Odau group denounce ‘rebellious Etweresohene’, pledges allegiance to Okyenhene
5 hours -
KNUST library dress code sparks online backlash over strict rules
5 hours -
Cultural Diplomacy in Action: Ghanaian youth leaders present symbolic smock to U.S. Chargé d’Affaires
5 hours -
Ghana Card payment activation under review – NIA breaks silence on financial integration
6 hours -
Ofori-Atta’s ICE release on bail positive; he poses no risk – Amanda Clinton
6 hours -
Ken Ofori-Atta’s passport seized after bail, set to reappear in US Court on April 27
6 hours