Protect the independence of the Bank of Ghana – Mahama tells Governors

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President John Mahama has urged the Governor of the Bank of Ghana, Dr Johnson Pandit Asiama and his First Deputy Governor to uphold and protect the independence of the bank.

Speaking at Jubilee House on Tuesday, February 25, shortly after swearing them into office, he emphasised that as part of efforts to strengthen the economy, he urged them to rebuild public trust and enhance the Bank of Ghana's appeal.

He charged Dr Asiama and his deputy to ensure that the bank’s independence was safeguarded.

“Protect the independence of the Bank of Ghana,” the President told the Governors.

He urged them to "uphold responsible fiscal management" and to adhere strictly to the legal and regulatory framework of the Bank.

President Mahama also committed to ensuring that he, as the President, would not politicise the central bank.

"As President, I am committed to ensuring that the central bank operates free from political interference, guided solely by its mandate," he said.

He concluded that adhering to these principles is the only way to achieve "a resilient economy."

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Bank of Ghana

Dr Johnson Asiama