President Nana Akufo-Addo has inaugurated the Bank Square, the new headquarters of the Bank of Ghana, at a ceremony in Accra on November 20.
The state-of-the-art facility, built by Ghanaian firm Berock Ventures Limited, reflects modern financial innovation, sustainability, and the central bank’s commitment to meeting evolving economic demands.
Dignitaries including Vice President Dr. Mahamudu Bawumia, Finance Minister Dr. Mohammed Amin Adam, and international guests joined the celebration.
In his address, President Akufo-Addo lauded the Bank of Ghana’s pivotal role in shaping Ghana’s economic stability and resilience since its establishment in 1957.
Highlighting the eco-friendly design of the new complex, he described the building as a symbol of progress, stating, “This is a testament to the resilience and aspirations of our people.”
The President emphasized the need for visionary leadership and sustainable development in fostering Ghana’s financial growth.
Akufo-Addo also spotlighted the nation’s economic achievements, including a GDP growth of 6.9% in the second quarter of 2024 and a significant reduction in inflation from 54.1% in 2022 to 22.5% in October 2024.
Ghana’s trade surplus of $2.78 billion and robust non-oil GDP growth of 7% were hailed as indicators of recovery and dynamism. He attributed these gains to the Bank of Ghana’s sound monetary policies and effective management under Dr. Ernest Addison and his team.
The ceremony marked a significant milestone for Ghana’s financial sector, as the President urged stakeholders to use the new facility as a catalyst for economic innovation and inclusion.
He called on Ghanaians to view the Bank Square as a symbol of responsibility and shared progress, concluding, “Let us ensure this landmark strengthens our financial systems for generations to come.”
