Governor of the Bank of Ghana, Dr Johnson Asiama has extended his gratitude to His Excellency, the President and Her Excellency the Vice President for his appointment, and to the Council of State for the endorsement.
During his swearing-in on Tuesday, February 25, he remarked that under the leadership of President John Dramani Mahama, Ghana is embarking on an economic reset. "This reset is about stabilizing the macroeconomy and addressing key issues such as high inflation, persistent fiscal deficits, and excessive debt levels," he said.
He stated that achieving this stability will require monetary and exchange rate policy reforms, fiscal austerity measures, and debt restructuring to reduce fiscal risks and create a stable economic environment. "We are meeting today at a pivotal moment in our nation's economic history.
The challenges before us require decisive leadership and prudent macroeconomic policies to reset the economy.