Protesters in Ghana demand the resignation of the Central Bank governor

In the protest against the growing economic problems in Ghana, the resignation of the Governor of the Central Bank, Ernest Addison, was demanded.

Hundreds of protesters gathered in the capital Accra following a call from MPs from the main opposition party and protested against the government over growing economic difficulties and the cost of living.

HIS RESIGNATION REQUESTED

Claiming that the country’s economy was mismanaged, protesters chanted slogans such as “The Central Bank of Ghana is now bankrupt” and argued that Central Bank Governor Addison should be removed.

Protesters who went to the Central Bank headquarters to present a petition learned that bank officials were in a meeting with officials from the International Monetary Fund (IMF).

The minority leader in Parliament, Cassiel Ato Forson, stated that they will present a petition again.

ECONOMIC CHALLENGES IN GHANA

In Ghana, which is struggling with high inflation, a high cost of living and rising public debt, the government has implemented measures such as tax increases to increase revenue.

Despite the Central Bank’s inflation target of 6 percent, inflation in the country stands at 40.1 percent.

Ghana exited the IMF program 3 years ago, but due to the economic difficulties it has recently experienced, it re-signed a loan agreement with the IMF for $3 billion.

Ghana has the tenth highest annual inflation rate in the world. Türkiye ranks sixth in the inflation league. (AA)