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BoG needs a befitting office space for a country that hosts the AfCTA – Minister

September 15, 2023
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The Finance Minister, Ken Ofori-Atta, has urged Ghanaians to support the Bank of Ghana with in the ongoing construction of its new head office.

In an article titled “Citizens – Standing Strong with the Bank of Ghana,” Ofori-Atta said the opposition surrounding the construction of the new headquarters was needless.

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He said the central bank needed the support to build an edifice that is “a befitting office space for a country that hosts the AfCFTA.”

He said although Ghana is facing economic challenges, the construction of the new BoG headquarters is a necessary investment in the future of Ghana’s economy.

“With respect to the BoG’s new headquarters, the evidence is clear that decisions to build had already been made long before these “losses” occurred,” he wrote. “It is important for us to support such a critical institution to modernize its operations and have a befitting office space for a country that hosts the AfCFTA and has the vision to become the financial services hub of the continent.”

He said “Governor Addison is a competent professional of quiet courage,” Ofori-Atta wrote, adding, “In these nearly seven years, we have worked together to ensure: the inviolability of the banking system; the establishment of the Consolidated Bank of Ghana (CBG) and the Development Bank of Ghana; the raising of over $10 billion in the Eurobond market and AfriExim bank. He brought inflation down to single digits of 7.9% for the first time; and managed an impressive period of currency stability in our country including the implementation of the Goldfor-Oil programme.”

By: Rainbowradioonline.com/Ghana

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