Ghana’s export sector remains a vital pillar of the national economy – 2nd Dep BoG Governor

On the contrary, she added, “we believe they are mutually reinforcing. An effective LOC regime should not hinder legitimate trade; rather, it should create a transparent, predictable, and efficient environment that supports exporters, while strengthening confidence in Ghana’s foreign exchange management framework. Throughout this programme, participants will have the opportunity to gain a deeper understanding of key aspects of the revised guidelines, including LOC generation, export proceeds repatriation, extension procedures, advance payment arrangements, retention policies, and the management of non-conformity cases. More importantly, this programme provides a platform for open dialogue, practical learning, and constructive engagement.”