Business News of Tuesday, 21 January 2020Source: www.ghanaweb.com5 things to know about the FX Development CommitteeKen Ofori-Atta, Finance MinisterThe Finance Ministry last week set up a 38-member body named Foreign Exchange Development Committee. Finance Minister is the committee headThe committee is chaired by Ken Ofori-Atta, Finance Minister, with other members coming from multiple institutions. The Governor and I will put a bipartisan committee together to proceed immediately.” These were the words of finance minister, Ken Ofori-Atta as he addressed Parliament on March 28, 2019. FX committee will make recommendationsThe FX committee is charged with the responsibility of reviewing, assisting and providing recommendations on how to improve management, transparency and the long-term structure of Ghana’s foreign exchange flows. Report will be presented to Economic Policy Coordinating CommitteeThe committee’s final report will be submitted to the government’s Economic Policy Coordinating Committee (EPCC) co-chaired by BoG Governor, Dr. Ernest Addison and Ken Ofori-Atta.

Source: GhanaWeb January 21, 2020 15:22 UTC