Why The New Ghana Cedi Notes Ghs200 & Ghs100 Introduced By Bank Of Ghana Would Impact Economic Growth

In the past few weeks, the Bank of Ghana issued new currency notes “GHS 200 and GHS 100” with the principal reason to make bulk cash handling easy and aid huge transactions across businesslines.In my opinion, the reasons given to justify the issuance of the new currency notes is not sufficient enough for the central banks action. I have no option at this very important point in time than to reflect on how the new higher currency notes introduced by the Bank of Ghana might impact the Ghanaian economy adversely. Even though away from home and getting treatment, I am more committed to the progress and success of our country. Need I say more, my contribution and recommendations may change the narrative as it has done in the past?

 
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