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 )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform
See More
COMMENTS