• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

IEA proposes amendments to BoG Act; calls for extended tenure for Governor

1 year ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
56
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

IEA proposes amendments to BoG Act; calls for extended tenure for Governor

The Institute of Economic Affairs (IEA) is strongly advocating for critical amendments to be made to the Bank of Ghana Act of 2016.

A key element of their proposal is the extension of the Governor’s tenure to ensure continuity and independence from presidential terms.

Addressing a Stakeholders’ Forum themed “Reviewing the Bank of Ghana’s Act to Promote Transparency, Accountability, and Effectiveness,” Senior Scholar Prof. Alexander Bilson Darku from the IEA underscored the necessity of protecting the Central Bank from governmental influence concerning the Governor’s terms and conditions.

Prof. Darku emphasized the importance of maintaining the Central Bank’s autonomy to uphold its effectiveness and independence as a regulatory institution.

“We began by examining the composition of the Bank of Ghana’s board, the Governor’s appointment process, and the regulatory framework governing government lending limits.

“And there was a consensus on the necessity for Ghana to carefully consider aligning the term of the Bank of Ghana Governor to overlap that of the President to ensure continuity and effectiveness in governance,” he quipped.

RelatedPosts

GTDC Launches New Tourism Platforms and Awards Scheme to Boost Sector Competitiveness

US Open: Osaka Reaches Last Four; Anisimova Upsets Swiatek to Reach Semis

GSE Composite Index Advances as GCB Surpasses 70% YTD Return

“Substantial discussion focused on enhancing the independence of the Bank of Ghana and its ability to effectively promote price stability, exchange rate stability, and economic development through sound policy measures,” he added.

The IEA’s proposed amendments aim to bolster the Bank of Ghana’s capability to implement robust monetary policies and regulatory practices independent of the control of the Executive.

Tags: BOGIEAIEA proposes amendments to BoG Act; calls for extended tenure for Governor
No Result
View All Result

Highlights

FIFA Unveils Dynamic Pricing for 2026 World Cup Tickets Ranging from $60 to $6,730

Ghana Races Toward Single-Digit Inflation in Stunning Economic Rebound

Communications Minister Threatens to Revoke Multichoice Licence by September 6

Cedi’s World-Beating Performance Upended by Imports Surge

Your Savings as Your Launchpad for a Better Financial Future

US Open: Alcaraz and Djokovic set up Blockbuster Semi-final

Trending

Business

GTDC Launches New Tourism Platforms and Awards Scheme to Boost Sector Competitiveness

September 4, 2025

GTDC Launches New Tourism Platforms and Awards Scheme to Boost Sector Competitiveness The Ghana Tourism Development Company...

US Open: Osaka Reaches Last Four; Anisimova Upsets Swiatek to Reach Semis

September 4, 2025

GSE Composite Index Advances as GCB Surpasses 70% YTD Return

September 4, 2025

FIFA Unveils Dynamic Pricing for 2026 World Cup Tickets Ranging from $60 to $6,730

September 4, 2025
A market woman exchange Ghana cedi with a customer in a market in Accra, Ghana, on November 3, 2021.

Ghana Races Toward Single-Digit Inflation in Stunning Economic Rebound

September 4, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.