Bank of Ghana's GHS 15.6bn operational loss is a new low - Gideon Boako
Gideon Boako described the Bank of Ghana's GHS 15.6 billion operational loss as a "new low". This was in reference to the Bank of Ghana's 2025 Financial Statement published on May 1, 2026. The 2025 loss is the second highest loss by the Bank since the Cedi was redenominated in 2008.
The 2025 loss surpassed the 2024 loss. Analysts have expressed surprise that the Bank of Ghana performed worse in 2025 than in 2024. Dr. Boako said the Bank of Ghana registering such a loss in a non-crisis year is "most damning." He wrote that the Bank's 2024 financial statements showed operating losses had narrowed from GH¢13.23 billion to GH¢9.49 billion. He also wrote that the new management at the Bank of Ghana reversed the progress they inherited.
Dr. Boako blamed the loss on politically motivated policy choices. He asked, "why a central bank that had begun to recover suddenly plunged into the largest non-crisis loss in its history?"
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The Bank of Ghana's financial performance is under scrutiny by Dr. Gideon Boako. The Tano North MP suggests a worrying trend, leaving many to wonder about the implications- but what could they be?
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