Parliament keeps door open to monetary financing in Ghana

Parliament approves bill that removes government representative from central bank board

bankofghana
Parliament passes bill to improve central bank autonomy, ignores IMF recommendations in process

The Ghanaian parliament has passed a bill that would boost elements of the central bank's independence, but preserve the legal support for monetary financing.

A spokesperson from the ministry of communication confirmed the bill was passed on August 2, and would now go to the president for approval. It is not yet available to the public.

If approved, multiple changes to the Bank of Ghana Act would enter into force, including the removal of the deputy finance minister – Cassiel Ato Baah Forson –

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.