Financial Stability Council Affirms Commitment to Safeguarding Ghana’s Financial System

The Financial Stability Advisory Council (FSC) has reaffirmed its commitment to safeguarding the country’s financial system.
The reaffirmation follows its maiden meeting this week.
The meeting deliberated the progress on the rebuilding of buffers to sustain the recovery of the financial sector; Update on ongoing initiatives to address the legacy issues within the financial sector; and Strategic plans to further strengthen the work of the Council in promoting the resilience of the financial sector.
In a statement, it said, the Council reaffirmed its commitment to safeguarding Ghana’s financial system through enhanced collaboration among member institutions.
It also emphasised the importance of proactive oversight and coordinated action to ensure a stable, inclusive, and robust financial sector.
“The Council Chair emphasised the importance of fostering a sound, stable and innovative financial sector that supports the real sector of the economy in promoting sustainable economic growth.”
The Committee established by Executive Instrument includes Dr. Johnson Pandit Asiama; Mrs. Matilda Asante-Asiedu; Hon. Thomas Nyarko Ampem; Dr. Abiba Zakariah; Dr. James Klutse Avedzi; Mr. Christopher Boadi-Mensah; and Mr. Galahad Alex Andoh.
Source: https://opemsuo.com/author/hajara-fuseini/