The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Monday, April 3, 2017, swore in Dr. Ernest Kwamina Yedu Addison as the new Governor of the Bank of Ghana, after consultation with the Council of State.
At a brief ceremony at the Presidency, which had the Vice President of the Republic, Alhaji Dr. Mahamudu Bawumia; Chief of Staff, Akosua Frema Osei Opare; Senior Minister, Hon. Yaw Osafo Maafo; Minister for Monitoring and Evaluation, Hon. Anthony Akoto Osei; and Secretary to the President, Nana Bediatuo Asante; all in attendance, President Akufo-Addo noted that the new Governor had joined the ship of state in very difficult circumstances.
“There is a big burden on us to revive the Ghanaian economy and put it on the path of growth and prosperity. I don’t have to tell you the significance of your role in that process.
It is absolutely vital, and you, more than anybody else, will give confidence to the markets that Ghana is on the right path,” the President said.
President Akufo-Addo expressed his confidence in the ability of Dr. Addison, stressing that “I am grateful that I have the opportunity to appoint you to this Office. I have no doubt that it is one you will discharge with credit to yourself and to the people of Ghana.”
The President indicated further that he is very much aware of the independence granted to the Central Bank by the laws of the country, “but, nevertheless, if there is transparency and co-operation, we should be able to work together to achieve our main goal, which is to create the conditions for the growth of our economy.”
Describing the role of the Governor as “an arduous task”, President Akufo-Addo reaffirmed his confidence in the abilities of Dr. Addison, wishing him “Godspeed and the very best of luck in your new role.”
On his part, Dr. Ernest Addison thanked the President for the confidence reposed in him, through his appointment as Governor of the Bank of Ghana.
“I am hoping that I will be able to contribute my best to position the Bank of Ghana to play that role that it is required to play, in terms of ensuring the stability of the macroeconomic and financial environment.
The issue of stability is of great concern to Ghanaians – stability, not only in the exchange rate, but stability in prices generally – as well as creating the low interest regime which will support your private sector vision of creating jobs, ensuring high growth and reducing poverty,” he said.
He assured the President that, notwithstanding the challenges that confront the Ghanaian economy, “they are not insurmountable, and I know that with the leadership of the Vice President, in charge of the Economic Management Team, we will make an impact.”
Dr. Addison reiterated his commitment to keeping the President informed frequently, regarding to issues bordering on the economy, especially on the monetary policy aspect, adding that “we shall not disappoint you”.
Source: Peacefmonline.com
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority. |
Nana Ama, this is what people like you are used to. Throwing lies into public domain expecting Ghanaians to just accept it as total truth. This Addison is not related to the Addison we all know. Please stop this habit. It is not good.
Nana Ama, he is not the senior brother. Don't say anything if you don't know them
Presidency will be determined by bread and butter issues in the country.
WELCOME ADDISON'S SENIOR BROTHER...FAMILY AND FRIENDS ERA
Kibi needs an ultra modern hospital the size of LEKMA hospital. It is rather unfortunate that leaders since independence have shirked this duty.
Hmmmmmmmmmmmmmmmmm! A president.
President Kapwepwe now overdoing the advise of wearing local fabric. Mahama knew when to wear local fabric so Mr. Kapwepwe imitate correctly.
Mr governor, reduce the dollar to less than 10 pesewas because at 10 pesewas the dollar would be worth 10,000 to 1dollar. Any one who thinks stability of the cedi is enough hasa big problem.
Please this is a free public advisory notice. No one should buy TCL Air-Conditioners. The product is very defective, the AC Boards are faulty and they almost resulted in my house catching fire. The 5 year warranty is a gimmick because when you raise defective concerns, Leslie and Joyce (employees) and Kumi and Philip (sub-contracted air-condition installers) give you the run around instead of replacing. I bought 2 No. 2.5 TCL Air Conditioner, dating October 2016 and either is yet to work after the 8th time switching on. BUYER BEWARE, don't be tricked by their constant adverts on MAX TV like I did
Are you interested in trading forex? If yes, GhanaFX, Africa's Trusted Online Forex Broker is giving you $25 bonus to trade with. All you need to do is to open a Live Account. And guess what, you can withdraw any profit you make on top of it. Call now...0244-507568 and speak to an agent!!