Prof.

Isaac Boadi, Executive Director, of the Institute of Economic Research and Public Policy (IERPPT) and the Dean, Faculty of Accounting and Finance calls for an enhanced harmonious relationship between (BoG) and Finance Ministry (MoF).

His assertion is based on the recent simultaneous occurrence of a policy rate hike (from 27% to 28%) by BoG and a sharp decline in 91-day Treasury bill rates (from 29% to 15%).

In Ghana, the Treasury bill (T-bill) auction market is jointly managed by the (BoG) and the Ministry of Finance (MoF), but their roles differ.