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Ernest Kwamina Yedu Addison, the 15th Governor of the Bank of Ghana, boasts a distinguished career as a Ghanaian economist, having served in various capacities within the Bank of Ghana and at the African Development Bank.

His academic journey began at Mfantsipim School and culminated in a Ph.D. in Economics from McGill University. Since joining the Bank of Ghana in 1994, Addison has played pivotal roles in economic analysis and policy formulation.

Appointed as Governor in 2017 and reappointed in 2021, Addison's leadership continues to shape Ghana's monetary policies and financial stability, reflecting his significant contributions to the nation's economic growth.

The Bank of Ghana (BoG) has announced its decision to keep the Monetary Policy Rate (MPR) at 29% for the second time this year.

This announcement was made by Dr. Ernest Addison, the Governor of the Bank of Ghana, during the 118th monetary policy announcement on Monday, May 27, 2024. Dr. Addison stated that the decision aims to maintain the tight monetary policy stance and enhance liquidity management operations.

Explore the life of Ernest Addison below.