Ghana's crisis-to-recovery journey holds key lessons for Africa - BoG Governor
Dr Johnson Asiama, Governor of the Bank of Ghana (BoG), spoke at the Bank for International Settlements (BIS) Roundtable of Governors from African Central Banks in Basel on Saturday, June 27, 2026. He stated, "Ghana's economic journey from crisis to recovery offers important lessons on the growing role of domestic debt markets in strengthening resilience while safeguarding financial stability."
Dr Asiama highlighted that Ghana's recovery from recent economic challenges demonstrates the importance of developing resilient domestic debt markets to strengthen economic stability across Africa. He noted that as African economies increasingly rely on domestic borrowing, governments and policymakers must focus on building deeper, more efficient, and diversified capital markets. Robust domestic debt markets are essential to reducing economic vulnerabilities, broadening financing options, and promoting sustainable long-term growth. Strengthening domestic capital markets would also improve countries' ability to mobilize local resources, reduce dependence on external borrowing, and better withstand global economic shocks. The BIS roundtable brought together governors of central banks from across Africa to discuss macroeconomic developments, financial sector resilience, and key policy priorities.
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The Governor of the Bank of Ghana, Dr Johnson Asiama, recently discussed Ghana's economic recovery at a BIS Roundtable of African Central Bank
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