Experts Talk BoG’s New Currency Controls & Crackdown on NPLs on NorvanReports’ X Space Discussions Tonight
NorvanReports, in partnership with the Economic Governance Platform (EGP) and the Ghana Anti-Corruption Coalition (GACC), hosts a high-level Xspace discussion tonight at 7:00 PM GMT, bringing together leading economists and financial experts to debate the Bank of Ghana’s sweeping new regulatory measures.
Themed: “The NPL Crackdown & Ghana’s New Currency Controls: Will BoG’s Tough Rules Fix the Economy or Freeze Growth?”, the Xspace discussion will examine three fresh central bank directives aimed at tightening discipline across the financial system.
- Reducing Non-Performing Loans (NPLs): Banks, SDIs and NBFIs must cut NPLs to 10% by December 2026 or face restrictions on dividends, bonuses, and loan growth.
- Banning Dollar Pricing and Black-Market Forex: Businesses and individuals are prohibited from invoicing or settling domestic transactions in foreign currency, with enforcement against unlicensed forex activity.
- Stricter Currency Declarations: Travellers and importers face new thresholds and documentation requirements for carrying or moving foreign currency, as part of anti-money laundering measures.
🎙️ Featured Speakers
The Xspace will feature:
- Dr. Theo Acheampong – Petroleum Economist & Political Risk Analyst, providing a global and political economy perspective.
- Mr. Joe Jackson – CEO of Dalex Finance Ghana, highlighting the implications for SMEs, credit access, and financial inclusion.
- Dr. Bernard Tetteh Dumanya – Financial Economist & Investbankprenuer, unpacking the governance, risk management, and compliance dimensions.
The discussions will be moderated by the Managing Editor of NorvanReports, Norvan Acquah-Hayford.
Join the discussion via X (twitter): @NorvanReports [https://x.com/i/spaces/1yoJMPNymNRGQ]
The Xspace is open to the public and will allow live audience participation, enabling SMEs, traders, and ordinary Ghanaians to share how these rules might affect their businesses and daily lives.
NorvanReports invites policymakers, financial institutions, and business leaders to join what promises to be a thought-provoking debate on the future of Ghana’s financial system.
👉 Don’t just hear the news — be part of the debate.
#BoG #GhanaEconomy #Xspace