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.
2026-02-19Bank of Ghana
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.