Ghana Needs Stronger, More Independent Central Bank for Currency Stability

Reforming the Bank of Ghana: Why Ghana needs a stronger and more independent Central Bank

Often the most visible indicator of the strength and credibility of a country’s monetary institutions is the stability of its currency. Inflation erodes the purchasing power of households, discourages long term investment, causes instability in exchange rates and slowly erodes savings. Persistent inflation for the average citizen means higher food prices, higher transportation costs, more […]

By Mishael Quaynor