Bank of Ghana Governor, Dr. Ernest Addison, not Johnson Asiama, recently paid a courtesy call on Otumfuo Osei Tutu II, the Asantehene, to discuss key economic issues affecting the country. During the meeting, Dr. Addison sought the Asantehene’s support in promoting the use of the Ghana Cedi as the primary medium of exchange.
Key Discussion Points
– Dollarization: Dr. Addison emphasized the need to reduce the use of foreign currencies, particularly the US dollar, in local transactions and promote the Ghana Cedi as the primary medium of exchange.
– Economic Growth: The Governor highlighted the importance of a strong and stable currency in driving economic growth and development.
– Collaboration: The Asantehene expressed his willingness to support initiatives that promote economic growth and development in Ghana.
Next Steps
The meeting between the Bank of Ghana Governor and the Asantehene underscores the importance of collaboration between traditional leaders and government institutions in driving economic development. The Bank of Ghana is expected to implement policies that promote the use of the Ghana Cedi and reduce dollarization in the economy.