Source: newsthemegh.com
Ghana’s economy “is on a gradual rebound,” the governor of the Bank of Ghana, Ernest Addison, has reassured the people.
At the Chartered Institute of Bankers’ Governor’s Day recently, he stated, “Growth is improving steadily, inflation is declining, the fiscal and external positions are improving, alongside relative stability in the exchange rate.”
Dr. Addison stated that without “unanticipated shocks in the outlook, the continued implementation of prudent policies will further strengthen the recovery process and reinforce the disinflationary process.”
These circumstances, he said, “will improve the operating environment for the banking sector to remain stable and strong to support the economy”.
“This notwithstanding, let me use this opportunity to once again assure the public that, on the back of the DDEP and other risks that may emerge in the banking sector, the Bank will continue to closely monitor developments and, where need be, take appropriate and decisive actions to address same”, Dr Addison reiterated..