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President Nana Addo Dankwa Akufo-Addo yesterday said order and confidence had been restored to the management of the country’s finances, unlike what used to pertain under the previous government that resulted in the country’s decision to run to the International Monetary Fund for bailout.

Ghana has once again discovered large deposits of oil ready for commercial exploitation. The country first found oil in commercial quantities under the Kufuor-led New Patriotic Party government.

The Ghana Free Zones Authority is poised to fire up industries and put an end to “business as usual” The Ghana Free Zones Authority was established by an Act of Parliament (Act 504) on August 31 1995, to enable the establishment of free zones in Ghana to promote economic development and to provide for the regulation of activities in free zones and other related purposes. The actual implementation of the free zones regime began in September 1996.

Over the past two decades, the Bank of Ghana has remained at the forefront of transforming Ghana's financial sector through extensive institutional and regulatory reforms. The restructuring process has transformed the payment systems and consolidated growth in the financial services industry with diversified and innovative products for financial inclusion. This is reflected in the World Bank Global Findex report released in April 2018 which revealed an increased share of adult-owing accounts in Ghana to 58 percent in 2017 from 41 percent in 2014 and 29 percent in 2011.

Ghana embarked on widespread financial reforms in the 1990’s with a view to strengthening the institutional and regulatory frameworks, revamping the payment systems, and deepening financial markets.

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