Elsie Addo Awadzi

05 May

Comprehensive, High-Quality Data Needed To Measure Gaps In Financial Inclusion – 2nd Dep Governor

wontumionlineBusinessElsie Addo Awadzi, Second Deputy Governor of the Bank of Ghana

Second Deputy Governor of the Bank of Ghana (BoG), Elsie Addo Awadzi has said that in monitoring progress in financial inclusion, the role of data cannot be overemphasized. Data, she said, is essential to help measure gaps in inclusion, design appropriate evidence-based interventions, and monitor their implementation and effectiveness. For data to help achieve these objectives, Mrs Awadzi said “it should be comprehensive, high-quality, consistent, reliable, accessible, and connected with other related data bases. Both supply and demand-side data are key to help achieve these stated objectives.” She explained that there are currently several key data sources that feed into policy formulation,…

04 May

BoG Rolls Out Online Supervisory And Reporting Tool To Harmonise Data Collection

wontumionlineBusinessbank of ghana, Elsie Addo Awadzi

The Second Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi, has disclosed that the Central Bank has recently implemented a new online reporting and analytics supervisory tool (ORASS). According to her, the tool forms part of efforts to harmonise data collection from various licensed institutions, and improve data analytics and reporting. Speaking at the ISSER-World Bank public engagement on 2021 Ghana Findex Report, Mrs Addo Awadzi said the ORASS will further unify the licensing of databases with prudential reporting databases to help achieve more comprehensive and effective supervision of licensed institutions. “ORASS enables our regulated institutions to submit their…