The Bank of Ghana says it will no longer provide foreign currency (FX) support for importers of “non-critical goods”.
The goods include rice, poultry, vegetable oils, toothpicks, pasta, fruit juice, bottled water and ceramic tiles.
The central bank said the forex restriction is in accordance with the directive issued by Nana Akufo Addo, Ghana’s president, during his recent address to the nation on October 30.
An electronic message from the Bank of Ghana to the banks in the country reads, “In accordance with the president’s directive issued at his recent address to the nation on the Ghanaian economy, on Sunday 30th October 2022, the Bank of Ghana will no longer provide FX support for the imports of rice, poultry, vegetable oils, toothpicks, pasta, fruit juice, bottled water, ceramic tiles and other non-critical goods.
“Please be advised and act accordingly”.
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