The Bank of Ghana has announced new measures to address challenges faced by Ghanaian content creators in accessing earnings from international digital platforms, including X.
In a statement, the central bank also revealed that it has launched a comprehensive review to investigate the root causes of the payment bottlenecks.
Earnings recognized under forex regulations
The BoG clarified that income earned from digital platforms is legally classified as service export proceeds and is fully permitted under Ghana’s foreign exchange regulations.
Despite this, a number of content creators have reported ongoing difficulties in receiving or accessing their funds.
“The Bank acknowledges concerns raised by some creators regarding difficulties accessing these funds. When transactions are processed correctly, such challenges should not ordinarily arise,” part of the statement said.
Engagement underway to fix system gaps
To resolve the issue, the central bank indicated that it is actively engaging policymakers and relevant institutions to identify where the breakdown is occurring and implement corrective measures.
“The Bank appreciates the feedback received from affected persons. BoG is actively reviewing the matter and engaging with relevant institutions to ensure prompt resolution,” it added.
Assurance to creators
The BoG assured creators that it will maintain close engagement with stakeholders until the matter is fully resolved.
It also reaffirmed its commitment to ensuring a stable and efficient financial system that supports legitimate cross-border transactions, including digital earnings from global platforms.
The move is expected to bring relief to Ghana’s growing digital creator economy, which increasingly relies on international platforms for income generation.