Nana Addo’s Address empty lies

Indeed, some steps have been taken to restore order in the forex markets and we are already beginning to see some calm returning. We will not relent until order is completely restored. The following actions have been taken thus far: 1) enhanced supervisory action by the Bank of Ghana in the forex bureau markets and the black market to flush out illegal operators, as well as ensuring that those permitted to operate legally abide by the market rules. Already some forex bureaus have had their licenses revoked, and this exercise will continue until complete order is restored in the sector; 2) Fresh inflows of dollars are providing liquidity to the foreign exchange market, and addressing the pipeline demand; 3) the Bank of Ghana has given its full commitment to the commercial banks to provide liquidity to ensure the wheels of the economy continue to run in a stabilized manner, till the IMF Programme kicks in and the financing assurances expected from other partners also come in; 4) Government is working with the Bank of Ghana and the oil producing and mining companies to introduce a new legal and regulatory framework to ensure that all foreign exchange earned from operations in Ghana are, initially, paid to banks domiciled in Ghana to help boost the domestic foreign exchange market; and 5) the Bank of Ghana will enhance its gold purchase programme. I am confident that these immediate measures designed to change the structure of our balance of payment flows, sanitise the foreign exchange market to ensure that the banks and forex bureaus operate along international best practices, together with strengthened supervision, will go a long way to sanitize our foreign exchange market, and make it more resilient against external vulnerabilities going forward. Full Address By President Nana Addo On The Economy Watch President Akufo-Addo's Live Address on the Ghanaian Economy

Ghanaians declare Nana Addo’s Address empty lies, disrespectful and waste of time

News

Ghanaians declare Nana Addo’s Address empty lies, disrespectful and waste of time

Wisdom K.E Hammond October 30, 2022

Ghanaians declare Nana Addo’s Address empty lies, disrespectful and waste of time. The general public believes Nana Addo hasn’t said anything that will benefit the…

GES Warns Head Teachers Against Charging Illegal Fees for WAEC Certificate Collection

Education

GES Warns Head Teachers Against Charging Illegal Fees for WAEC Certificate Collection

Wisdom K.E Hammond July 1, 2025

How to get your missing WASSCE or BECE certificate back from WAEC

How-To

How to get your missing WASSCE or BECE certificate back from WAEC

Wisdom K.E Hammond July 1, 2025

Tornado warning across Minnesota alert: Safety tips and updates

News

Tornado warning across Minnesota alert: Safety tips and updates

Wisdom K.E Hammond June 30, 2025

GTEG urged to crackdown and prosecute fake degree holders

Education

GTEG urged to crackdown and prosecute fake degree holders

Wisdom K.E Hammond June 30, 2025

You may've missed