Bank of Ghana boss, Ernest Addison appointed to chair IMF/World Bank boards
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Bank of Ghana boss, Ernest Addison appointed to chair IMF/World Bank boards

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has been selected to represent Ghana to Chair the Board of Governors of the Bretton Woods Institutions in 2020.

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According to a statement from the central bank, the selection of Ghana was done in recognition of the country’s impressive strides, in macroeconomic stability.

This, the IMF believes was achieved under the administration of the President Akufo Addo.

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“Ghana was selected to chair the Board of Governors of the Bretton Woods Institution at the 2019 Annual Meetings Plenary of the International Monetary Fund (IMF) and the World Bank Group held on Friday, October 18, 2019”.

The Bank of Ghana also said the selection of Ghana was done in recognition of the Dr. Addison’s lead role in cleaning up the banking sector.

He is expected to chair the Joint Committee on Remuneration of Executive Directors and their Alternates . This work entails appointment of two other Committee members which will be on the recommendation of the President of the Bank and the Managing Director of the Fund, reviewing briefing papers, and convening meetings of the Committee.

In addition, Dr. Addison will Chair the Joint Procedures Committee (JPC)/MIGA Procedures Committee (MPC). The JPC/MPC is charged with reviewing the official business of the FundBank and recommending its approval to the Board of Governors.

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Angry fans of Shatta Wale who had a problem with Kwaw Kese as a result of a slight beef between Shatta and Kwaw started pelting bottles at the 'dondo' hit maker

He received bottles and other items as his pay-back for beefing with Shatta Wale and making a quick U-turn to tap into his glory on his biggest night.

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Source: Yen

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