Minority Leader Stresses Bank of Ghana’s Independence Amid Political Tensions

Minority Leader Alexander Afenyo-Markin advocates for the independence of the Bank of Ghana’s Governor, Dr. Johnson Asiama, urging him to avoid political influence. He cautioned against selective scrutiny of the bank’s actions and highlighted the importance of stability in economic discussions amidst ongoing debates about the BoG’s new headquarters. He called for a careful approach to economic matters to protect Ghana’s financial health.

Alexander Afenyo-Markin, the Minority Leader, has encouraged Dr. Johnson Asiama, the Governor of the Bank of Ghana (BoG), to protect the independence of his role and steer clear of political issues. During a parliamentary address, Mr. Afenyo-Markin warned against the selective scrutiny of the central bank’s actions, asserting the importance of impartiality in governance.

Recalling remarks from the 2015 State of the Nation Address by then-President John Dramani Mahama regarding the Bank of Ghana’s supervision issues, Mr. Afenyo-Markin questioned the current focus on specific matters concerning the governor: “Are we now picking and choosing which matters we want the governor to brief us on?” He urged Dr. Asiama to avoid becoming a “tool for political football,” emphasizing the necessity of the governor’s role for the nation’s economy.

The Minority Leader’s comments coincided with ongoing discussions regarding the new BoG headquarters, with the Minority contending that proper procedures were not followed, while the Majority defended the project’s legitimacy. Additionally, he called upon the Majority in Parliament to approach economic discussions prudently, highlighting the potential impact on Ghana’s financial well-being.

In conclusion, Mr. Afenyo-Markin’s remarks emphasize the need for the Governor of the Bank of Ghana to maintain political independence and engage in unbiased governance. The discussions surrounding the new headquarters reflect the broader concerns regarding procedural integrity and the implications for economic stability in Ghana. The Minority Leader’s call for caution among parliamentary members underlines the seriousness of these economic matters.

Original Source: www.ghanabusinessnews.com