The World Financial institution has urged the Financial institution of Ghana (BoG) to keep away from extreme overseas change (FX) interventions, warning that such actions might disrupt market steadiness and weaken financial resilience.
This was contained within the newest Ghana Financial Replace report, launched in Accra as we speak, August 14, 2025 which emphasised the necessity for the central financial institution to permit market forces have higher affect over change charge actions.
The report additionally known as for the swift completion of the recapitalisation of all monetary establishments consistent with the Monetary Sector Strengthening Technique. As well as, it beneficial a complete asset high quality evaluate to deal with excessive non-performing loans (NPLs), offering banks with clear motion plans to revive monetary stability.
“These measures will assist strengthen steadiness sheets, rebuild confidence, and place the banking sector to higher assist Ghana’s financial restoration,” the World Financial institution acknowledged.
The suggestions come as Ghana presses forward with reforms below its IMF-supported programme aimed toward restoring macroeconomic stability and fostering sustainable progress
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