Over-the-Counter dollar withdrawals still permitted - BoG clarifies

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Alidu 7 months ago

What a garbage Adongo was trying to chew here yesterday by saying Over-The-Counter dollar withdrawal is banned, can he grow enough stop this nonsense noise making.

What a garbage Adongo was trying to chew here yesterday by saying Over-The-Counter dollar withdrawal is banned, can he grow enough stop this nonsense noise making.
Dr. Allen Smith Jackson, UK 7 months ago

That bolgatanga guy lied again

That bolgatanga guy lied again
Prudhomme - NONSENSE AS USUAL - ADONGO 7 months ago

This is the reason I said yesterday that Adongo had overreached his role as a BOG board member. A board member must never be a spokesperson for any BOG initiative. That is the sole responsibility of the BOG Communications dep ...
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This is the reason I said yesterday that Adongo had overreached his role as a BOG board member. A board member must never be a spokesperson for any BOG initiative. That is the sole responsibility of the BOG Communications department.
KofSam 7 months ago

Why are these conflicting messages about dollar withdrawal over the counter? Adongo says one thing and the Governor of BOG says the opposite. Do they not meet to discuss issues before bringing them out for public consumption? ...
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Why are these conflicting messages about dollar withdrawal over the counter? Adongo says one thing and the Governor of BOG says the opposite. Do they not meet to discuss issues before bringing them out for public consumption? This brings lack of confidence in the public about their leaders . Every sector should have one spokesman to liaison with the public so that they avoid giving conflicting news to the public. It looks like every body wants their voices heard because if they don’t talk , they will be seen like they are not performing. Leaders shouldn’t be giving conflicting information to the public.
Prudhomme - KofSam 7 months ago

Your reasoning about this issue is right. There should be an authorized spokesperson in any organization. Obviously, Adongo, being just a BOG board member must not act as the mouthpiece of the organization.

A board member' ...
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Your reasoning about this issue is right. There should be an authorized spokesperson in any organization. Obviously, Adongo, being just a BOG board member must not act as the mouthpiece of the organization.

A board member's role is non-executive and must stay away from issuing any policies/directives to the public.
Denise 7 months ago

Adongo will be best fit in the entertainment ministry or the Chieftaincy columns.

Adongo will be best fit in the entertainment ministry or the Chieftaincy columns.
Richard 7 months ago

Perhaps Adongo was not the best person to announce such, however it is the best recommendation we can enact for ourselves as a country.
It takes those of us who have worked in the system to address such things. Don’t faul ...
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Perhaps Adongo was not the best person to announce such, however it is the best recommendation we can enact for ourselves as a country.
It takes those of us who have worked in the system to address such things. Don’t fault Adongo for the recommendation but to be pseudo PR is what may not be right.
@Richard 7 months ago

Is there empirical evidence to back your claim that such a policy is beat for our economy??? Let me draw your mind to something here; many of the people who have dollar accounts are not speculators. There are very few “sign ...
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Is there empirical evidence to back your claim that such a policy is beat for our economy??? Let me draw your mind to something here; many of the people who have dollar accounts are not speculators. There are very few “significant” speculators in Ghana . Importers represent a big portion of those who hold FX accounts. Also, those who want to preserve their wealth . These two groups of people will hardly withdraw their hard currency FX to go make transactions such as purchase of a car or house etc.

Most likely, they’d have the funds transferred to a beneficiary account if they ever needed to make a transaction. If that is the case, why create unnecessary panic by announcing something which hardly even happens anyway? Totally unnecessary. The mishap in communication will even prevent many from further depositing their FX in the banks. And we are in a time where we need more people to bring their FX into the banking system so we can shove up our reserves
Nii 7 months ago

President Mahama was right in not appointing Isaac Adongo as Finance Minister. Such a Bofoon with no ideas

President Mahama was right in not appointing Isaac Adongo as Finance Minister. Such a Bofoon with no ideas
Hannan 7 months ago

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;))) Hot girls are waiting for you on ~~ Fun4.top

ADONGO BANZA 7 months ago

Isaac Adongo needs to learn how to speak. He spoke like a bush man on radio when he announced that “stupid” policy; now see your shame???

Isaac Adongo needs to learn how to speak. He spoke like a bush man on radio when he announced that “stupid” policy; now see your shame???
.mr amin 7 months ago

Adongo is right

Adongo is right
Adongo farfara 7 months ago

So this agongo joke took Ghanaians and mostly John mahama for a stupid ride yesterday and had a big laugh. Disgraced the governor who seems not to know the kind of trash he has around him.
Sack him fast .

So this agongo joke took Ghanaians and mostly John mahama for a stupid ride yesterday and had a big laugh. Disgraced the governor who seems not to know the kind of trash he has around him.
Sack him fast .
Kofi Sam 7 months ago

Why wasn't the same person asked to come and respond to that earlier statement?

Why wasn't the same person asked to come and respond to that earlier statement?
BOYCOTT FACEBOOK, BOYCOTT INSTAGRAM 7 months ago

All black African countries should boycott facebook and Instagram.

Meta, the company, owns facebook and Instagram. Mark Zuckerberg is the CEO.

Mark Zuckerberg, needs to be fired as the CEO, and replaced.

If you are a ...
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All black African countries should boycott facebook and Instagram.

Meta, the company, owns facebook and Instagram. Mark Zuckerberg is the CEO.

Mark Zuckerberg, needs to be fired as the CEO, and replaced.

If you are a black African and open an account on any of these platforms. Your
account gets suspended and deleted. This is harassment.

Tik Tok is a better social media platform, than facebook and Instagram.

All black African businesses and individual shareholders of Meta stock, should dump
the stock. Let the Meta stock free fall to ZERO. Speak up, let voices be heard. We,
should not be taken for granted.

There is power in your purchasing power. Dump, Meta stocks starting now.
BOYCOTT USA,BOYCOTT UK,BOYCOTT EUROPE, BOYCOTT CANADA, BOYCOTT AUSTRALIA, BOYCOTT NEW ZEALAND 7 months ago

]African countries should boycott all these imperialist countries. We should not have to rely
on these countries for economic development.

China, did not borrow a dime from IMF and World Bank for their economic growth . Y ...
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]African countries should boycott all these imperialist countries. We should not have to rely
on these countries for economic development.

China, did not borrow a dime from IMF and World Bank for their economic growth . Yet, look at where
China is in 2025. All the capital for infrastructural growth can be raised through the treasury bill market.

We can do this. We, have great economist on the continent.

We have cheap labor and the skills to get the task done.

We should always look to China, as an example.

Arise Africa, forward looking, backwards never.

This should be our 10 year economic plan-2035.
Kb 7 months ago

Such statements by the board member will only let people keep their foreign currencies at home instead of keeping them at the banks. Reckless!

Such statements by the board member will only let people keep their foreign currencies at home instead of keeping them at the banks. Reckless!
Useless Bolga Adongo. You are ignorant 7 months ago

Bolga Adongo shamed beyond repair. His ignorance on banking and monetary policy has been laid bare by the BOG just one month into his political appointment.
THE BOG should tell him that his political board membership does no ...
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Bolga Adongo shamed beyond repair. His ignorance on banking and monetary policy has been laid bare by the BOG just one month into his political appointment.
THE BOG should tell him that his political board membership does not make him a spokesperson for the Central Bank.

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Over-the-Counter dollar withdrawals still permitted - BoG clarifies

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