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Dispute Over Bank of Ghana's Losses: Minority alleges GH¢34 billion deficit for 2025

Kojo Oppong Nkrumah Minister .jpeg Kojo Oppong Nkrumah is the Member of Parliament for Ofoase-Ayirebi

Sun, 3 May 2026 Source: www.ghanaweb.com

The Minority in Parliament has challenged the Bank of Ghana’s (BoG) reported GH¢15.6 billion operating loss for the 2025 financial year, arguing that the actual figure is significantly higher.

At a press conference on Sunday, May 3, 2026, Kojo Oppong Nkrumah, Member of Parliament for Ofoase-Ayirebi, rejected the BoG’s figures.

Bank of Ghana posts GH¢15.6 billion loss as tight policies tame inflation

He argued that the" true operating loss” for 2025 stands at approximately GH¢34.9 billion, more than double the official figure.

According to him, when proceeds from gold sales estimated at GH¢9.6 billion are factored in, the total comprehensive loss could rise to about GH¢44 billion.

“The government and its spin doctors, led by the NDC party officials who did that press conference, are trying to convince the people of Ghana that their loss is GH¢15.6 billion.

"We regret to tell the people of Ghana that this is not true. The true operating loss of the Bank of Ghana for the year 2025 is GH¢34.9", he remarked.

According to the BoG’s 2025 Annual Report and Financial Statements, the loss marks a rise from GH¢9.48 billion recorded in 2024.

This extends the central bank’s streak of deficits to four consecutive years, following losses of GH¢60.9 billion in 2022 and GH¢10.5 billion in 2023.

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Source: www.ghanaweb.com