Opening Address by Governor, Dr. Ernest Addison at the 2019 Iadi Africa Regional Committee Technical Assistance Workshop

As a statutory institution tasked with the responsibility of formulating and implementing monetary policy towards ensuring price stability, guaranteeing financial stability and promoting economic growth, the Bank of Ghana, should, and as matter of top priority take a keen interest in matters bordering on deposit insurance. As a matter of urgency and to ensure that in future, cost of resolution of banks do not spill over into the space of fiscal management and create macroeconomic imbalances, the Bank of Ghana recognizes how important a deposit protection scheme can immensely contribute to the stability of the entire macroeconomic architecture, including on financial stability.

Source: Bank of Ghana