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    Home»Politics»Bank of Ghana Boss Won’t Step Down – NPP
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    Bank of Ghana Boss Won’t Step Down – NPP

    Insight NewsBy Insight NewsAugust 9, 2023No Comments2 Mins Read
    Bank of Ghana Boss Won't Step Down - NPP
    Bank of Ghana Boss Won't Step Down - NPP
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    The opposition National Democratic Congress (NDC) has called for the resignation of the governor of the Bank of Ghana, but according to New Patriotic Party (NPP) communications director Richard Ahiagbah, those demands are irrelevant.

    He believes that the NDC’s stance in the current crises is detrimental to the development of Ghana as a nation and the search for solutions.

    “Is the NDC trying to run the Bank of Ghana now? Is that the point they want to communicate to us, that the Bank of Ghana cannot make a decision until they refer to the NDC? This whole thing the NDC is doing is a clear distraction, clear evidence that the NDC doesn’t have any message. The relevant message any political party should communicate now is How do we strengthen this recovery, how do we make this recovery long term, how do we turn the curve and remain on a path to growth?”

    NDC Issues A 21-day Ultimatum To The Governor of Bank Of Ghana To Step Down
    NDC Issues A 21-day Ultimatum To The Governor of Bank Of Ghana To Step Down

    “The NDC must call another press conference on Wednesday, this one they have done is a mistake. They should call another and tell Ghanaians their ideas to ensure this economy continues to build forward, that is where the conversation should go.”

    He continued by saying that other central banks are also experiencing the losses of 60 billion Ghana cedis that the Bank of Ghana incurred in its fiscal year 2022.

    READ ALSO: NDC Issues A 21-day Ultimatum To The Governor of Bank Of Ghana To Step Down

    “Central banks across the world are posting heavy losses, and the NDC knows about this. The Bank of England is owed in excess, a debt on their books, the Swiss bank is also owed, this is an incident happening across the board. This is because all economies are trying to build back due to COVID-19 and Russian-Ukraine war,” the Director of Communications of the NPP said.

    Due to what it referred to as the officials’ careless management of the bank, the NDC on Tuesday, August 8, threatened to march to the Bank of Ghana’s premises and remove Dr. Addison and his deputies from office if they did not resign within 21 days.

    Bank of Ghana Dr. Ernest Addison Governor of Bank of Ghana NDC NPP Richard Ahiagbah
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