BoG has presented a bold plan to turn remittance inflows into a significant source of foreign cash and investment capital for Ghana.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd

Bank of Ghana (BoG) Governor, Dr Johnson Asiama, has outlined an ambitious strategy to transform remittance inflows into a major source of investment capital and foreign exchange for Ghana.

According to him, the central bank is collaborating with key ministries and government agencies to shift remittances from largely consumption-driven transfers to structured, investment-oriented flows that can support long-term economic growth.

“Unlocking this full potential requires a deliberate transition—from consumption-driven remittances to investment-oriented diaspora capital flows,” he stated.

Dr Asiama made these remarks at the maiden edition of the Bank of Ghana’s Diaspora Roundtable Programme, dubbed “Remit2Invest,” held in Virginia, USA.

Source: newsthemegh.com