BoG hosts meeting of Financial Stability Board

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• The Mask 10 years ago

  I don´t believe that the BOG has accurate data of the economic activity in the at least 12 Akyem districts which make up more than half the population on the region. The GDP and GNI of these Akyem districts are very high. Th ...
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  I don´t believe that the BOG has accurate data of the economic activity in the at least 12 Akyem districts which make up more than half the population on the region. The GDP and GNI of these Akyem districts are very high. They stem from:
  
  Gold mining
  Diamond mining
  Cocoa
  Oil Palm (the largest in West Africa)
  Timber
  Software development
  etc
  
  The money supply and capital as well as government spending in the at least 12 Akyem districts are wholly inadequate. BOG must remove impediments to the setting up of rural banks in these districts and encourage ADB and GCB to open branches in these districts.
  
  The government must further ensure that wholly owned Ghanaian banks, including rural banks, get at least 80% of the banking revenue.

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