{"id":388422,"date":"2026-01-05T02:50:15","date_gmt":"2026-01-05T02:50:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/388422\/"},"modified":"2026-01-05T02:50:15","modified_gmt":"2026-01-05T02:50:15","slug":"oppong-nkrumah-urges-govt-to-invest-gh%c2%a260bn-excess-liquidity-in-venture-capital-stock-market","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/388422\/","title":{"rendered":"Oppong Nkrumah urges govt to invest GH\u00a260bn excess liquidity in venture capital, stock market"},"content":{"rendered":"

\"Kojo <\/a>Kojo Oppong Nkrumah is the MP for Ofoase Ayirebi<\/p>\n

The Ranking Member of Parliament\u2019s Economy and Development Committee, Kojo Oppong Nkrumah<\/a>, has urged the government to strategically deploy part of the excess liquidity it has sterilised \u2014 currently estimated at over GH\u00a260 billion \u2014 into venture capital investments and the Ghana Stock Exchange (GSE) to stimulate economic growth and job creation.<\/p>\n

According to the Ofoase Ayirebi Member of Parliament, the funds should be channelled to Ghanaians who are already in business in the form of equity financing rather than interest-bearing loans, enabling them to scale up operations, improve productivity, and generate employment without the burden of high borrowing costs.<\/p>\n

Oppong Nkrumah further proposed that a portion of the excess liquidity be allocated to the Venture Capital Trust Fund (VCTF) \u2014 an initiative established under former President John Agyekum Kufuor \u2014 to support youth-led and innovative enterprises with viable business plans. <\/p>\n

He emphasised that equity-based financing would allow start-ups and small businesses to actualise their entrepreneurial ambitions while contributing meaningfully to national employment outcomes.<\/p>\n

Speaking during an explainer interaction with his social media audience, Oppong Nkrumah disclosed that the Governor of the <\/a>Bank of Ghana<\/a>, his deputies, and senior technical officials recently appeared before the Economy and Development Committee of Parliament to provide first-hand economic data and updates.<\/p>\n

He noted that the central bank informed the committee that it had mopped up approximately GH\u00a262 billion from the financial system as part of its liquidity sterilisation measures, aimed at controlling excess money supply and stabilising inflation.<\/p>\n

Explaining the rationale behind the policy, Oppong Nkrumah stated that excessive liquidity in the system fuels demand pressures, leading to sustained increases in the prices of goods and services. <\/p>\n

As a result, the central bank adopts sterilisation strategies to withdraw surplus funds from circulation in order to moderate inflationary pressures.<\/p>\n

He added that the <\/a>Bank of Ghana<\/a> confirmed that, from January to date, excess liquidity in the system remains in excess of GH\u00a260 billion.<\/p>\n

It is on this basis, he explained, that the Minority caucus on the committee has formally proposed that the funds should not remain idle at the central bank but rather be prudently invested in productive sectors of the economy, particularly through venture capital and capital market instruments, to drive sustainable growth and employment for Ghanaians.<\/p>\n

Watch the video below:<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"Kojo Oppong Nkrumah is the MP for Ofoase Ayirebi The Ranking Member of Parliament\u2019s Economy and Development Committee,…\n","protected":false},"author":2,"featured_media":376816,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":{"0":"post-388422","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/388422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=388422"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/388422\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/376816"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=388422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=388422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=388422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}