Kojo Oppong Nkrumah is the Member of Parliament for Ofoase-Ayirebi
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.
Watch the video below:
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 the loss is 15.6 billion. We regret to tell the people of Ghana that this is not true.
The true Operating loss of the Bank is… pic.twitter.com/n8kC92hehc
— Patriot TV (@patriottvgh) May 3, 2026