The Asantehene, His Royal Majesty Otumfuo Osei Tutu II, has called for lower interest rates to stimulate domestic growth and investment, stressing the need for policies that support local industry and economic expansion.
Otumfuo Osei Tutu II made the call during a courtesy visit to Bank Square, the head office of the Bank of Ghana, where he was accompanied by over 20 paramount and divisional chiefs.
The delegation was warmly received by the Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, and members of the Bank’s senior management.
Commending the imposing Bank of Ghana edifice, the Asantehene described it as “a monument to our generation,” urging management to inspire staff to reflect the same excellence and grandeur in their work ethic and service to the nation.
He underscored the central bank’s pivotal role in shaping Ghana’s economic fortunes and encouraged it to take bold but prudent measures to keep the country on a stable economic path, adding, “We have come to listen, not to preach.”
Otumfuo Osei Tutu II also appealed for the independence of the Bank of Ghana to be respected, noting that a strong and independent central bank is critical to sustaining investor confidence and long-term economic stability.
In response, Governor Dr. Johnson Pandit Asiama praised the Asantehene’s leadership and statesmanship, describing him as a pillar of wisdom and national stability.
Source: myxyzonline.com
