Bank of Ghana Holds Stakeholder Forum in Techiman to Strengthen Financial Literacy
Central bank hosted a day-long forum in Techiman, Bono East Region, to engage local stakeholders.
In Brief
- •Central bank hosted a day-long forum in Techiman, Bono East Region, to engage local stakeholders.
- •Attendees included traditional authorities, religious leaders, traders, transport unions, SMEs, community banks and microfinance institutions.
- •BoG highlighted its mandate, microfinance reforms, responsible borrowing, consumer protection, currency education and proper banknote handling.
- •Director of Communications Bernard Otabil stressed the importance of public trust in the Ghana cedi and urged reporting of unlicensed financial activities.
- •Stakeholders praised the forum but raised concerns over high lending rates and unregulated lenders.
Why It Matters
The Bank of Ghana’s outreach aims to improve public understanding of monetary policy and strengthen financial stability. By engaging diverse community actors, the central bank seeks to gather feedback that can shape future regulations, curb unlicensed lending, and promote confidence in the Ghana cedi, which is vital for everyday commerce and economic growth.
Key Details
- Forum Theme
- Strengthening stakeholder relations through dialogue and engagement
Original Reporting & Sources
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