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Bank of Ghana appoints three new advisors

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The Bank of Ghana (BoG) has appointed three advisors as part of efforts to strengthen the country’s monetary policy formulation and macroeconomic stability.

The advisors are Dr John Kwabena Kwakye, Director of Research at the Institute of Economic Affairs (IEA); Prof. John Gatsi, Dean of the University of Cape Coast Business School; and Dr Francis Kumah, a seasoned economist and former IMF Resident Representative.

Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, announced the latest appointments at the opening of the 124th MPC meeting in Accra on May 21, 2025.

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He described the trio as “distinguished professionals with deep technical expertise and policy insight”.

He was hopeful they would contribute to more robust, evidence-based decision-making.

The governor explained that the appointments are part of broader efforts to modernise and diversify the perspectives informing monetary policy.

He said Prof. Gatsi’s expertise would also be instrumental in advancing Ghana’s implementation of non-interest (Islamic) banking.

The Committee’s next policy rate decision is expected to be announced at a press briefing on Friday, May 23.

By: Rainbowradioonline.com/Ghana

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