Economist Urges New BoG Governor to Maintain Firm Monetary Policy
Economist Professor Patrick Asuming has called on the newly appointed Governor of the Bank of Ghana, Dr. Johnson Asiama, to take a firm stance in managing the country’s monetary policy and resist undue government influence. He emphasized the need for the Central Bank to avoid excessive money printing to finance fiscal deficits, a practice that has previously contributed to economic instability. Speaking to Citi Business News, Professor Asuming also stressed the urgency of tackling rising food inflation, warning that inflationary pressures are now deeply rooted in the domestic economy. “We shouldn’t expect the new governor to have a magic wand...
