IMF Highlights Lack of Financial Stability Committee at Bank of Ghana

An IMF report indicated that the Bank of Ghana lacks a separate financial stability committee to check system risks, and macroprudential tools are not clearly defined in institutional documents.

6 May, 11:45 — 6 May, 11:45

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myjoyonlineMixed117d ago

BoG has no separate financial stability committee to check system risks – IMF

Again, the report pointed out that macroprudential tools are not clearly defined in institutional documents, but stated that macroprudential tools could also be used for monetary policy purposes under exceptional circumstances.

By Charles Nixon

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IMF Highlights Lack of Financial Stability Committee at Bank of Ghana

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BoG has no separate financial stability committee to check system risks – IMF

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