The Importers and Exporters Association of Ghana has called for increased collaboration between the Bank of Ghana and the Ministry of Finance to bolster the cedi and stabilize the economy.
In response to Dr. Johnson Asiamah’s appointment as Acting Governor of the Central Bank, the Association’s Executive Secretary, Sampson Awingobit, expressed confidence in his leadership, highlighting his extensive experience in the financial sector.
Mr. Awingobit emphasized that aligning fiscal and monetary policies is essential for controlling inflation, attracting investors, and creating a conducive business environment.
“The Bank of Ghana play a very pivotal role as a part of our currency; issues are concerned in the country. We, as the importers and exporters association of Ghana. Welcome, Dr. Asiamah into the hot seat. I know he knows the ins and outs of the Bank of Ghana.
The finance minister should always be in consultation. Indeed, if these two institutions are in consultation, they will be able to fight inflation. They will be able to bring stability to our cedi. Once fiscal policy and monetary policy are working, then, of course, they will be able to work together to bring confidence to the business community.
Indeed, we need investors to come. Ghanaians want to see a very strong Cedi. Ghanaians want to see very strong stability; Ghanaians want to see a good rate of interest rates when we are going to lend money from our committed bank to this business”
