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Business News of Saturday, 18 April 2020

Source: www.ghanaweb.com

BoG gives GHC10m to COVID-19 Trust Fund

Bank of Ghana Governor, Ernest Addison Bank of Ghana Governor, Ernest Addison

After President Nana Addo Dankwa Akufo-Addo, his vice and appointees donated their 3-month salary to the COVID-19 Trust Fund, many people including some members of the opposition political parties have made donations.

Faith-based organisations and business moguls have also contributed their quota towards the growth of the national trust.

The latest to make donations towards the course is the central bank of Ghana.

The Bank of Ghana (BoG) on Friday, April 17, 2020 contributed an amount of GHC10 million to the COVID-19 National Trust Fund.

“The amount is in support of the national efforts towards the fight against the COVID-19 pandemic,” the Bank of Ghana said in a press statement.

As of April 5, a total of over GHC8 million had been collected from the general public. President Akufo-Addo made known in his 5th address to the nation.

The Trust Fund, headed by former Chief Justice, Sophia Akuffo is expected to receive public contributions to help improve the lives of the vulnerable who will be worst-hit by the pandemic.

The other members of the Board of trustees of the Fund are Archbishop Justice Ofei Akrofi, Jude Kofi Bucknor, Gifty Afenyi-Dadzie, Elsie Addo-Awadzie, Dr. Ernest Ofori-Sarpong, and Dr Tanko Collins Asare, who will act as Secretary to the Board.