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Professor John Gatsi Writes:Printing Of Money Tussle Between BOG and Minority Caucus in Parliament

Professor John Gatsi is the Dean of the UCC School of Business. He has continually provided notable articles meant to improve the economy.

In a recent article, the Professor has recommended that the Bank of Ghana should provide data on annual lending to government.

According to the Professor, the data provided by the Central Bank should satisfy transparency, disclosures and independence.

He advised that the people of Ghana can read between the lines as to whether there was an illegality or breach as IMF prefers a zero lending to government.

The Professor explained that printing of money only means that the central Bank has exceeded the regulatory benchmark of not more than 5 percent of previous year's tax revenue.

Professor John Gatsi made it clear that the back and forth between the minority and the BOG can be ameliorated when the BOG provides data on lending to government from 2019 to first half of 2022. He has assured that the Public can assess if there was any violation of the regulatory framework.

What are your thoughts on the ongoing discussion?

Content created and supplied by: JUKELAFRICA (via Opera News )

Bank of Ghana Ghana John Gatsi UCC School central


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