The Bank of Ghana published remarks marking the formal establishment of a strategic partnership with the Central Bank of Liberia through a signed Memorandum of Understanding (MoU) to deliver technical assistance and capacity-building support across central banking operations. The MoU sets out cooperation on macroeconomic forecasting and policy analysis; monetary policy analysis and operations; reserve management including gold purchase operations; on-site examination and off-site supervision of commercial banks; Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT); central bank communication strategies; central bank digital currency and cryptocurrency; currency design, printing, minting and management; and the application of artificial intelligence to core central banking activities, with the ability to expand to other mutually agreed areas.
Bank of Ghana 2026-02-19
Bank of Ghana signs capacity building and technical assistance MoU with the Central Bank of Liberia
The Bank of Ghana and the Central Bank of Liberia have established a strategic partnership through a Memorandum of Understanding (MoU) to enhance central banking operations. The MoU covers cooperation in areas such as macroeconomic forecasting, monetary policy, reserve management, bank supervision, AML/CFT, digital currency, and AI applications, with potential for expansion.