The International Monetary Fund published a technical assistance report on a mission to the Bank of Ghana that reviewed the macroprudential policy framework and toolkit and set out measures to strengthen banking-system stability, including detailed guidance on implementing a countercyclical capital buffer (CCyB) and a domestic systemically important bank (D-SIB) buffer. The review covered institutional arrangements for macroprudential oversight and the effectiveness of existing macroprudential instruments, alongside in-person seminars and workshops to support operationalization. Key recommendations include establishing a dedicated decision-making process, adopting a macroprudential strategy, and enhancing communications through a distinct channel, as well as upgrading systemic risk monitoring with more forward-looking assessments and broadening and further operationalizing the macroprudential toolkit.
International Monetary Fund 2026-04-08
International Monetary Fund recommends macroprudential governance upgrades for the Bank of Ghana and provides guidance on CCyB and D-SIB buffers
The International Monetary Fund published a technical assistance report on its mission to the Bank of Ghana, reviewing the macroprudential policy framework and toolkit and providing guidance on implementing a countercyclical capital buffer and a domestic systemically important bank buffer. The report recommends establishing a dedicated macroprudential decision-making process and strategy, enhancing communications, upgrading systemic risk monitoring with more forward-looking assessments, and broadening and further operationalizing the macroprudential toolkit.