Gov't Introduces Treasury Single Account For All Public Institutions

Ghana has finally launched its Treasury Single Account, TSA which seeks to transfer accounts of all government institutions into a single account at the Central Bank for proper managements and monitoring.  

The TSA in the long run will address the situation where government borrows from the local market thereby  crowding out the private sector.  

The Minister for Planning, Prof. Gyan Baffour who read a speech on behalf of the Vice President said government is committed to ensuring fiscal discipline in the economy.  

He entreated commercial banks to rally behind government and support the successful implementation of the TSA. 

GBC