Audio By Carbonatix
The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has outlined six key approaches he plans to implement as the new governor, aimed at strengthening the bank and financial institutions in the country.
Speaking at the Jubilee House on Tuesday, 25th February, after being sworn into office alongside his First Deputy Governor, Dr Zakari Mumuni, Dr Asiama shared his vision for the banking sector.
Among the six transformative initiatives are: the enactment of a new foreign exchange law to replace the current Foreign Exchange Act 2006 (Act 723), recalibrating monetary policy strategies, discontinuing the use of differentiated cash reserve requirements, improving communication, and preserving exchange rate stability to limit excessive volatility in rates.
Read also: Protect the independence of the Bank of Ghana – Mahama tells Governors
Latest Stories
-
Ghana’s state-owned enterprises return to profit with GH¢19.8bn gain in 2025 — SIGA
31 minutes -
Fuel prices set to rise again from Sept 1; petrol could hit GH¢16.21 – COPEC
2 hours -
REGSEC restricts Akwasidae celebrations in Denkyira amid security concerns
3 hours -
Eric Adjei distributes free fertiliser to farmers in Jaman North
3 hours -
Akufo-Addo urges NPP factions to unite behind Bawumia for 2028 victory
3 hours -
NDC mourns Western Regional Elections Director Papa Assan
3 hours -
Minerals Commission warns against fake job recruitment schemes
3 hours -
NYA CEO Osman Ayariga rallies youth against drug abuse at ‘Red Means Stop’ campaign
3 hours -
10 recruits dismissed for defying phone ban – Interior Minister
3 hours -
IEAG commends GoldBod, BoG for improving forex stability
3 hours -
Bawumia donates GH¢50,000 to St Jude Catholic Church at Weija
3 hours -
Mahama calls for faster mobilisation of AU Peace Fund resources
4 hours -
Improved roads bring new vehicle options to Tumu-Bolga, Tumu-Tamale, Tumu-Wa routes
4 hours -
Cedi records 7.9% depreciation against US dollar in first half of 2026
4 hours -
GIS launches operation on anti-human trafficking and exploitative street begging
4 hours