Minority Leader Alexander Afenyo-Markin has urged Dr. Johnson Asiama, Governor of the Bank of Ghana, to maintain independence and resist political influence. Amidst debates on the Bank’s new headquarters, he cautioned against politicization and emphasized the importance of careful economic discussions for Ghana’s financial stability.
Minority Leader Alexander Afenyo-Markin recently emphasized the necessity for the Governor of the Bank of Ghana, Dr. Johnson Asiama, to safeguard the independence of his role and avoid entanglement in political controversies. He made these statements during a Parliamentary session, highlighting the importance of impartiality in the central bank’s operations.
Mr. Afenyo-Markin recounted President John Dramani Mahama’s 2015 concerns regarding the Bank of Ghana’s supervision of the banking sector, pointing out that Dr. Asiama had served as the deputy governor at that time. He raised questions about the selective scrutiny of the Governor’s briefings and urged Parliament to refrain from politicizing the central bank’s functions.
The remarks were issued against the backdrop of ongoing discussions surrounding the newly established headquarters of the Bank of Ghana, with the Minority claiming that proper procedures were not adhered to. In contrast, the Majority defended the legitimacy of the decision. Afenyo-Markin also called for careful consideration in economic discussions, noting that the approach taken by the Majority could significantly impact financial stability in Ghana.
In conclusion, the Minority Leader has underscored the importance of maintaining the independence of the Bank of Ghana while warning against political pressures. His call for careful economic discussion reflects concerns over the implications for Ghana’s financial stability. Consequently, the Governor’s role is vital for the country’s economic health, necessitating a nonpartisan stance to ensure effective governance.
Original Source: www.ghanabusinessnews.com
