The Bank of Ghana (BOG) has disclosed that the GHC1 and GHC2 notes will soon be cleared off the system.
According to the Bank Of Ghana, this is due to the fact that they are not cost effective in terms of printing and they will be replaced by coins.
This was announced by the BOG Governor Dr. Ernest Addison meeting of the Monetary Policy Committee (MPC) on Monday 27 September.
“[These are] notes that circulate very widely, and they come back very torn and soiled and they are very difficult for our currency processing machines to process …” Dr. Addison said.
Reacting to the above news, some church going Christians have expressed worry over the matter.
According to most of them, they use the GHC1 and GHC2 notes for offertory at church but if it is replaced with coins, it will be difficult for them to pay offerings at church.
Some even added that they can’t use the coins as offertory because it will be too obvious.
