Government has taken note of the 2018 Ghana Banking Survey report released by renowned international audit firm, Pricewaterhouse Coopers (PwC) which predicts good times ahead the country's banking sector in 2019.
PwC on Thursday 13th September 2018, released this year’s Ghana Banking Survey report which predicts a boost in the country’s banking sector to be driven by digitization.
A statement signed by the Deputy Minister for Information, Plus Hadzide, said PWC also "predicted a meaningful growth and exciting innovations", basing it arguments on "improvement in operational efficiency of banks and increase in earning potential in the wake of recapitalization exercise of the Bank of Ghana".
These are all adequately in line with government's vision of ensuring the growth and sustainability of the financial sector.
According to the statement, "Government's implementation of strict banking reforms coupled with strong economic fundamentals and policies to save struggling banks have all contributed to reforms in the banking sector and would translate into the good times ahead".
Over the weekend, international rating firm Standard and Poor's raised the country's credit ratings from a B- to a stable B, clearly confirming the efforts of the Economic team of the Nana Addo led NPP administration in ensuring a stable economic outlook that balances the country’s robust growth prospects, decreasing inflation, and narrower current account deficits.
"The Akufo-Addo government will continue to implement policies that will transform the fortunes of the country as well as work towards achieving an accelerated economic development in line with the Ghana beyond Aid agenda," the statement further added.
Click on the attached document on the top right to read the 2018 Ghana Banking Survey report by Pricewaterhouse Cooper.
Source: Peacefmonline.com
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Ar ndc going on nation wide tour on this too? hahahahahaha! political jokers of this century! eeeii I have never seen people so desperate for power without any plan like this ndc party! when NPP was in power ,they criticized and laid out their vision, ndc in opposition criticising with no solution ,no plan, no vision just criticizing thinking their 2008 campaign will work on 2020, what jokers ebe these people? somebody tell them, we are moving forward, 2008 is different from 2020 and the people are getting discerning every hour so this socialist inferior tactics will never work! 1 year 7 months of the NPP government Ghanaians haven't heard of judgement debts payment, no Woyome payment for no work done, no sada, no gyeeda, no suba ,no nkomfem fly away to Burkina, no dumsor, no businesses collapsing and they think those kriminal activities, those evil they did to this nation are lesser than NPP trying to fix their mess! Ghanaians are seeing the 1D1 F, 1 village 1 dam are being constructed, SHS is working, restoration of teacher and nurses trainee allowances is working, NABCO is here, we haven't heard of graduate unemployment association, good policies are being put in place to help the people, no dumsor and ndc think this transformation is nothing g to Ghanaians but their create loot and share ?2020, they will bite their fingers and no their real size ! ndc can go to the sky to make their grievances known, those above even know ndc are evil and disaster . Ghana is working again!