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Minority Leader Urges Independence for Bank of Ghana Amid Political Pressure

Minority Leader Alexander Afenyo-Markin urged Dr. Johnson Asiama, Governor of the Bank of Ghana, to uphold the integrity of his office free from political influence. Amid parliamentary debates regarding the BoG’s new headquarters, he warned against selective scrutiny and politicization of the role, stressing the economic importance of the governor’s independence.

Alexander Afenyo-Markan, the Minority Leader, has advised Dr. Johnson Asiama, Governor of the Bank of Ghana (BoG), to preserve the independence of his office and steer clear of any political disputes. During a parliamentary session, he warned against selective scrutiny of the central bank’s operations. Emphasizing historical concerns regarding the BoG’s supervision of the banking sector, he questioned whether the governor should be selectively briefed on various issues.

Mr. Afenyo-Markin expressed his desire for the BoG’s governor to resist political pressures, stating, “Mr. Governor, do not make yourself a tool for political football.” He underscored the importance of the governor’s role in maintaining the country’s economic stability and urged his colleagues to refrain from politicizing the office.

These remarks arose amid discussions on the BoG’s new headquarters, where the Minority accused the Majority of neglecting proper procedures. Concurrently, he urged the Majority members to handle economic topics responsibly, asserting that their decisions could significantly affect Ghana’s financial stability. Dr. Asiama had appeared before Parliament to alleviate concerns regarding the BoG’s new headquarters, which was inaugurated recently by former President Nana Addo Dankwa Akufo-Addo.

In summary, Minority Leader Alexander Afenyo-Markin has emphasized the necessity for the Bank of Ghana to maintain its independence from political influence. He cautioned against selective scrutiny of the Bank’s actions and urged Parliament to address economic issues with care. The ongoing discussions surrounding the new headquarters of the BoG exemplify the broader implications of political engagement on economic stability.

Original Source: www.ghanabusinessnews.com

Leila Abdi

Leila Abdi is a seasoned journalist known for her compelling feature articles that explore cultural and societal themes. With a Bachelor's degree in Journalism and a Master's in Sociology, she began her career in community news, focusing on underrepresented voices. Her work has been recognized with several awards, and she now writes for prominent media outlets, covering a diverse range of topics that reflect the evolving fabric of society. Leila's empathetic storytelling combined with her analytical skills has garnered her a loyal readership.

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