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BOG urged to renew collaboration with NCCE

Sekondi July 11, GNA- The Bank of Ghana (BOG) has been urged to renew its collaboration with the National Commission for Civic Education (NCCE) to enable it to continue with the education on the re-denomination of the cedi during the transitional period of the exercise.


Mr Orpheus Mensah, Shama-Ahanta East Metropolitan Director of the commission made the appeal on Wednesday in an interview with the Ghana News Agency (GNA) at Sekondi.


He said his office has received numerous appeals from the public to continue with the education on the exercise, but the commission's collaboration with BOG ended in June.


Mr Mensah said religious and workers organisations, among others, have extended invitations to the commission to educate their members on the re-denomination exercise, but the commission has not been able to do honour their invitations because of the lack of financial support.


He said a survey conducted by his office indicates that people are generally happy with the Ghana cedi and taxi and trotro drivers are accepting both the old and new currencies.


Mr Mensah said a section of the public is of the view that the 10 Gp and the 5 Gp are too small but people's opinion would change and accept them because they are new currencies.


He said the banks are restricting the issuing of the GHc10, Ghc20 and the GHc50 notes and urged them to release more of it to enable the public to get familiar with them.


GNA

 

 

 

 

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