President Nana Addo Dankwa Akufo-Addo has asked the Bank of Ghana (BoG) to stick to its mission and disregard the “mischief of misguided elements.”
He made this statement after noting that the economy is rebounding from its difficulties.
The Bank of Ghana has recently been under fire from some quarters, particularly the Minority in Parliament, who feel that Governor Dr Ernest Addison is to blame for the country’s economic woes.
The National Democratic Congress (NDC) MPs demanded that the Governor and his two deputies, Dr Maxwell Opoku-Afari and Elsie Addo Awadzi, resign.
However, at the 2023 Bank of Ghana End-of-Year Cocktail in Accra on Thursday, December 14, President Akufo-Addo stated, “I am aware that this year has been challenging for the bank, but with the excellent leadership and dedicated staff of the BoG, the bank has been able to surmount the difficulties and emerge even stronger.
“While I congratulate the bank for its achievements over the years, I want to stress that the current economic challenges require that every hand should be on deck.
“By the grace of God, we have turned the corner and I reiterate my call for stronger partnerships and greater degree of policy coordination between the BoG and the Ministry of Finance.
“This call is for the bank within its remit of operational independence to play a pivotal role in helping to formulate and implement policies that will help usher in the economic transformation we all desire. In so doing, the bank should ignore the mischief of misguiding elements and maintain its focus on executing its mandate.”
