President Akufo-Addo has commissioned The Bank Square, the magnificent new Headquarters of the Bank of Ghana, located in the heart of Accra.
This architectural masterpiece is described as more than just a building; it represents a beacon of Ghana’s financial strength, resilience, and aspirations for a sustainable future. Designed with eco-friendly technologies and cutting-edge innovations, it stands as a symbol of modern Ghana, prepared to meet the demands of a dynamic global economy.
“The Bank Square reflects the remarkable progress of our nation,” President Akufo-Addo stated in Accra on Wednesday, 20th November 2024.
Recent data from the Bank of Ghana shows that Ghana’s economy is firmly on the path of recovery.
Provisional GDP growth of 6.9% in the second quarter of 2024, with a robust non-oil growth of 7.0%, highlights the strength of our agriculture, industry, and services sectors. Inflation has been sharply reduced from 54.1% in 2022 to 22.1% as of October 2024, bringing relief to households and businesses alike. These achievements are further bolstered by a trade surplus of $2.78 billion and international reserves of $7.5 billion, which provide a strong buffer against external shocks.
In a post, President Akufo-Addo said,
“This milestone is a testament to the Bank of Ghana’s commitment to sound monetary policies under the leadership of Governor Ernest Addison and his dedicated team.”
He applauded their efforts, as well as the creativity and expertise of the architects, engineers, and contractors—especially GoldKey Properties, a wholly Ghanaian entity—that brought this vision to life.
“Together, we are building a foundation for a resilient economy, inclusive growth, and a brighter future for all Ghanaians,” he noted.
President Akufo-Addo stated, “As we celebrate this achievement, I call on all of us to continue working together to build an economy that is stable, inclusive, and prosperous.”
“The Bank Square is not just a symbol of what we have accomplished; it is an inspiration for what lies ahead. Let us remain united in our efforts to make Ghana great and strong,” he noted.
