December 14, 2017 | 9:51 am
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Parliament Passes Bank Of Ghana Amendment Bill

Parliament on Tuesday passed the Bank of Ghana (BoG) Amendment Bill to significantly strengthen the Central Bank’s functional autonomy, governance and ability to respond to banking sector crises. The Bill seeks to plug the loopholes identified in Act 612, following an examination of current international trends and what pertains in other jurisdiction. A statement signed by Mr Cassiel Ato Forson, Deputy Minister of Finance, said the amendment also seeks to separate the autonomy provisioned from other objectives of the bank to strengthen