Dr Johnson Pandit Asimah
7th February, 2026
Dear Governor,
Evolution From Barter to Cash, and Now to a Paperless Economy: The Power of Dynamism
I write to you with deep respect and genuine admiration for the steadiness and resolve you have demonstrated since assuming office as Governor of the Bank of Ghana. The recent stabilization of the cedi against its major trading partners, alongside other positive macroeconomic indicators, remains commendable and worthy of national acknowledgement.
It is trite knowledge that the world is moving at an unprecedented pace, and Ghana cannot afford the luxury of inertia. Change, as history teaches us, is a process, not an event. The systems that once served us must evolve, the loopholes that enable corruption must be decisively closed, and state resources must be zealously protected and deployed strictly in the national interest.
Corruption has regrettably become a recurring feature in our public discourse, not because we lack ideas, but because we have been slow in institutionalizing systems that limit human discretion and abuse. In this regard, I humbly submit the following proposals for your consideration as part of a broader national reset.
1. Full Transition to Cashless Government Operations
There is an urgent need to outlaw the use of physical cash in the operational activities of ministries, departments, and agencies. Government business must be conducted entirely through traceable digital platforms. Public officials should only encounter physical cash when withdrawing their personal salaries from financial institutions.
2. A Centralized Government Workforce Database
Ghana must operate a unified and dynamic database of all public sector workers. This system should be seamlessly linked to the National Identification Authority, the Births and Deaths Registry, and relevant state institutions. Such integration will permanently eliminate ghost names, deceased persons, retirees, absconded staff, and other payroll anomalies that continue to drain the public purse.
3. Harmonization of Government Pay Structures
There is a compelling need to harmonize all public sector remuneration structures into a single, sophisticated digital platform. The Bank of Ghana, Ghana Revenue Authority, Fair Wages and Salaries Commission, and the Public Procurement Authority must operate on an integrated system that “speaks one language,” eliminating duplication, cross-payments, and systemic inefficiencies.
4. Deepening Ghana’s Digitalization Agenda
The digitalization drive initiated by previous administrations must not only be sustained but also significantly enhanced. Ghana must position itself as a serious global digital economy by operating a modern, centralized, and secure digital infrastructure across all sectors of governance.
5. Modern Forensic Auditing Systems
Traditional auditing methods are no longer sufficient in a complex digital economy. Ghana requires a seamless, real-time forensic auditing framework powered by data analytics and automated red-flag systems to detect irregularities before losses occur.
6. Regulation of the Betting Industry
The rapid and largely unrestrained growth of betting activities poses serious economic and social risks, particularly to the youth. There is an urgent need for firm regulatory interventions to curb excesses and protect vulnerable populations.
Governor, these proposals, in my considered view, will not only strengthen Ghana’s anti-corruption architecture but also boost investor confidence, improve fiscal discipline, and stimulate sustainable job creation.
I trust that this humble contribution will receive your favourable consideration as part of our collective responsibility to shape a resilient and transparent economy.
Please accept my sincere appreciation for your service to the nation and my best wishes as you continue to steer Ghana’s financial system.
Yours faithfully,
Nana Kweku Ofori Atta
Security Analyst & Consultant
By paqmediagh/Peter Quao Adattor
