Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has led a high-level delegation from the central bank to engage the Dormaahene, Osagyefo Oseadeeyo Agyemang Badu II, as part of efforts to deepen relations with traditional authorities and strengthen public understanding of the bank’s economic policies.
The delegation, which paid a courtesy call on the Dormaahene in Dormaa on Thursday, included First Deputy Governor Zakari Mumuni, members of the BoG Board, senior management officials and staff of the bank’s Sunyani Regional Office.
The visit forms part of the Bank of Ghana’s nationwide stakeholder engagement programme aimed at strengthening cooperation with key institutions and communities in regions where the central bank operates.
According to the BoG, the engagement also provided an opportunity to express appreciation to traditional authorities for their continued support and cooperation with the central bank.
The nationwide exercise is designed to bring the Bank of Ghana closer to key stakeholders, including traditional leaders, businesses and financial institutions, while providing a platform for the bank to explain its policies, economic priorities and developments within the financial sector.
The central bank has intensified stakeholder engagements in recent months as it seeks to strengthen communication, transparency and public confidence in the conduct of monetary policy and financial-sector regulation.
Asiama Touts Ghana’s Economic Resilience
The Dormaa visit followed a separate stakeholder engagement in Sunyani on Wednesday, where Dr Asiama highlighted what he described as signs of resilience in Ghana’s economy.
He disclosed that the economy recorded first-quarter growth of 6.4 per cent, while inflation stood at 5.3 per cent in June.
The Governor also said Ghana’s foreign exchange reserves had risen to about US$12.9 billion, providing approximately five months of import cover and strengthening the country’s buffer against external shocks.
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The developments come as the Bank of Ghana continues to balance price stability with efforts to support sustainable economic growth.
At its latest meeting, the Bank’s Monetary Policy Committee maintained the policy rate at 14 per cent, as policymakers continue to assess inflationary trends, economic growth and broader domestic and global economic conditions.
