The Majority in Parliament has defended the decision to hold a closed-door meeting with Bank of Ghana Governor Dr Johnson Asiama, insisting that the central bank’s constitutional independence must be respected while ensuring accountability.
Chairman of Parliament’s Economy and Development Committee, Eric Afful, said the Bank of Ghana is an independent institution and not a government ministry or agency, making its engagement with Parliament different from that of other state institutions. He rejected claims that the meeting was intended to shield the central bank from public scrutiny.
His remarks follow a walkout by the Minority during the Governor’s appearance before Parliament, where the caucus demanded greater accountability and transparency from the central bank.
While acknowledging Parliament’s oversight role, Afful maintained that the Bank of Ghana’s legal independence must be considered in how it is held accountable. The Minority, however, continues to push for stronger parliamentary scrutiny of the central bank’s management and financial decisions.