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Ghana: BoG in better position to cushion economy against external shocks – Governor

Ghana: BoG in better position to cushion economy against external shocks – Governor

Rédaction Africa Links 24 with Ghanaian Times
Published on 2024-07-30 08:16:49

 The Bank of Ghana (BoG) is better positioned to cushion the country’s economy against external shocks and provide stability in the foreign exchange market, Dr Ernest Addison, the BOG Governor, has stated.

According to him, both the bank’s reserve build-up had been strong and the external pay­ments position improved in the first half of the year.

“The current account surplus significantly improved, aided by strong gold exports, robust remittances, and effect of the…

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