We have to be alert, all of us, permanently, to stand ready to respond to events that are very difficult to predict and in their nature are unique. Was the financial sector, and banks in particular, too optimistic about the possibility of this kind of crisis? It is unfortunately clear that the financial sector had very mediocre risk-management in the years preceding this crisis.
GHANA ECONOMIC FORUM 2019  WELCOME STATEMENT BY DR. ERNEST ADDISON GOVERNOR, BANK OF GHANA  OCTOBER 30, 2019 TANG PALACE HOTEL ACCRA, GHANA  Your Excellency, Nana Addo Dankwa Akufo-Addo, President of the Republic of Ghana Honourable Ken Ofori-Atta, Minister of Finance Honourable Alan Kyeremanteng, Minister of Trade and Industry Honourable Ministers and Deputy Ministers here present CEOs and Representatives from the Financial Sector and Business Community Distinguished Guests Ladies and Gentlemen  Introduction 1.