New BoG HQ to boost reform capacity and investment climate – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has underscored the importance of the newly commissioned Bank of Ghana Headquarters in strengthening the Central Bank’s capacity to drive financial sector reforms and create a favourable investment climate for stakeholders.Tourism packages

Speaking at the commissioning ceremony in Accra on Wednesday, November 20, 2024, President Akufo-Addo described the state-of-the-art facility as both an architectural masterpiece and a symbol of Ghana’s financial strength and stability.

He noted that the modernized headquarters would enable the Central Bank to better implement critical reforms to enhance the nation’s financial system, attract investment, and ensure economic resilience.

“The commissioning of the Bank Square today is a testament to the bank’s vision, maturity, and enduring relevance. This architectural masterpiece not only stands as a symbol of financial strength and stability but also reflects Ghana’s commitment to modernising her institutions to meet the demands of a fast-changing world,” President Akufo-Addo stated.

He further noted that the new facility would play a crucial role in reinforcing the BoG’s capacity to advance critical financial sector reforms, enhance regulatory frameworks, and improve the investment climate for both domestic and international stakeholders.

“It will also reinforce the bank’s capacity to advance critical financial sector reforms, enhance regulatory frameworks, and improve the investment climate for both domestic and international stakeholders,” he added.

The state-of-the-art facility represents a significant milestone in the nation’s financial sector. The new headquarters is designed to enhance the operational efficiency of the Bank of Ghana and support its mission of ensuring economic stability and growth.

The event was attended by key stakeholders in the financial industry, government officials, and members of the diplomatic corps.

The Governor of the Bank of Ghana, Dr. Ernest Addison, expressed his gratitude to the government for its support and reiterated the Central Bank’s commitment to maintaining financial stability and promoting economic growth.

“The Bank Square will enable us to better serve the needs of our stakeholders and the Ghanaian public. It is equipped with modern facilities that will enhance our operational capabilities and support our mission of ensuring a stable and efficient financial system,” Dr. Addison said.