The new Governor of the Bank of Ghana (BoG), Dr Johnson Asiama has said that one of his priority areas is the need to boost financial inclusion and innovation to promote inclusive economic growth, reduce poverty, empower individuals, and ensure the stability and competitiveness of the financial system.
He said it is gratifying to note that Ghana is well-poised to become a regional hub for financial technology and digital assets. "This transformation agenda will be pursued with appropriate safeguards and policies to ensure financial stability, while fostering innovation in the payment ecosystem," he said after his swearing-in by President John Dramani Mahama in Accra on Tuesday, February 25.
Dr Johnson Asiama said that another priority area is the need to reverse the Bank of Ghana's negative equity position.
He expressed the view that a reversal of the negative equity will maintain financial stability, credibility, and public trust.