The central bank will continue to support the financial services sector through appropriate policy initiatives and legal framework. In this regard, the new foreign exchange bill as well as the anti-money laundering bill, which would be passed into law this year, should serve to underpin the competitive edge of Ghanaian banks and the financial system in an increasingly competitive global environment. 1.
From the steep decline to 1.6 percent growth in 2008 the economy recovered to post 2.6 per cent growth in 2009. This growth was mainly supported by a resurgence of activities in the tourism sector and resilience in the building and construction industry.