FSC reaffirms commitment to safeguard financial system

FSC reaffirms dedication to safeguard monetary system

Dr. Johnson Asiama

The Monetary Stability Advisory Council (FSC), of the Financial institution of Ghana (BoG), has reaffirmed its dedication to safeguard the nation’s monetary System by means of enhanced collaboration amongst member Establishments.

An announcement issued by the Council Secretariat of the Financial institution of Ghana on the finish of its twenty second council assembly by the reconstituted Advisory Council mentioned it would concentrate on proactive oversight and coordinated motion to make sure a secure, inclusive, and strong monetary sector.

It mentioned members of the Council on the maiden assembly, additionally deliberated on key problems with relevance to the promotion and sustainability of Ghana’s monetary sector stability, together with Progress on the rebuilding of buffers to maintain restoration of the monetary sector.

“Replace on ongoing initiatives to deal with the legacy points throughout the monetary sector and Strategic plans to additional strengthen the work of the Council in selling the resilience of the monetary sector”. A part of the assertion learn

Governor of the Financial institution of Ghana, Dr. Johnson Asiama who can also be the chairman of the Council emphasised the significance of fostering a sound, secure and progressive monetary sector that helps the true sector of the economic system in selling sustainable financial development.

The seven-member Council additionally embrace Mrs. Matilda Asante-Asiedu, Deputy Governor of the Financial institution of Ghana (Monetary Stability) Thomas Nyarko Ampem, Deputy Minister of Finance (Monetary Sector) Dr. Abiba Zakariah, Performing Commissioner, Nationwide Insurance coverage Fee, Dr. James Klutse Avedzi, Performing Director-Common, Securities and Trade Fee.

The remainder are Mr. Christopher Boadi-Mensah, Chief Govt Officer, Nationwide Pensions Regulatory Authority, and Mr. Galahad Alex Andoh, Performing Chief Govt Officer, Ghana Deposit Safety Company.

By Ebenezer Ok. Amponsah

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