04
Dec
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has disclosed that the Ghana Financial Stability Fund has taken off. He made the announcement at a press briefing after the Monetary Policy Committee meeting. “What maybe left now is the official launch by the Finance Ministry”, he said. Dr. Addison was optimistic the fund will help the country’s economic recovery drive. What is the Ghana Stabilization Fund? The Fund seeks to mitigate the potential impact of the Domestic Debt Exchange Programme on the financial institutions. Parallel to this strategy is the development of the Insurance Sector Strengthening Strategy…