Ghana to deposit ratification instruments for AU financial institutions by 2027 – Ablakwa
The Foreign Affairs Minister, Samuel Okudzeto Ablakwa, has announced that Ghana will deposit its instruments of ratification for the establishment of key African Union financial institutions by 2027.
Foreign Affairs Minister Samuel Okudzeto Ablakwa announced that Ghana plans to deposit its ratification instruments for the establishment of the African Central Bank, African Monetary Fund, and African Investment Bank by 2027. These institutions are crucial for Ghana's financial independence, according to Ablakwa, who made the announcement at the 27th Extraordinary Session of the Executive Council on Financing the African Union in Accra.
President John Mahama, who serves as the African Union Champion for the Establishment of African Union Financial Institutions, is leading the initiative. Ablakwa emphasized that Ghana is committed to strengthening its participation in these efforts and will report its progress to the council. He urged other African nations to also take decisive steps towards ratifying the necessary documents before the upcoming Council meeting.
Brief written by urgent.news from MyJoyOnline Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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