To keep pace with innovation therefore, the Bank of Ghana will continue to strengthen the oversight and regulatory regime 9  BA  ES  O F GH  A  NA  NK  T. 1 9 5 7  to support developments in the payment and settlement systems.
Indeed, according to harmonised competitiveness indicators based on unit labour costs have all registered significant improvements since 1999, Ireland (–19% since 1999), Spain (–9.5%), Greece (–9%), and Portugal (–6.6%). The loss of competitiveness accumulated until 2007 has been totally offset since the beginning of the crisis.