Professor John Gatsi (Left) and Dr John Kwakye (Right)
The Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwabena Kwakye; the Dean of the University of Cape Coast Business School, Professor John Gatsi; and seasoned economist and former IMF Resident Representative, Dr Francis Kumah, and Franklin Belnye have been appointed by the Bank of Ghana as advisors to the Governor, Dr Johnson Asiama.
The appointments, announced at the Central Bank’s 124th MPC meeting, are aimed at strengthening the country’s monetary policy formulation and enhancing macroeconomic stability.
The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, described the appointees as “distinguished professionals with deep technical expertise and policy insight,” who are expected to contribute to more robust, evidence-based decision-making.
According to Dr Asiama, the move forms part of ongoing efforts to modernise and diversify the perspectives shaping monetary policy in Ghana.
The Bank is expected to announce its next policy decisions at a press briefing on Friday, May 23, 2024.
This MPC meeting comes at a critical time, as the cedi continues to appreciate against major trading currencies and inflationary pressures show signs of easing.
SSD/MA
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