The Bank of Ghana (BoG) is expected to release its 2025 financial accounts by Thursday, April 30, following the completion of final preparations.
GhanaWeb Business understands that the accounts will first be presented to the Audit Sub-Committee of the Bank’s Board before being submitted to the full Board for approval ahead of publication.
Under the Bank of Ghana Act, the Central Bank is required to publish its annual accounts by March 31 of the following year. However, the Bank secured a one-month extension from the Minister of Finance, Dr Cassiel Ato Forson, pushing the deadline to April 30, 2026.
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According to sources, the delay was partly due to a change in external auditors, in line with regulatory requirements for auditor rotation every five years.
The new auditors reportedly requested additional time to review key areas, including the Bank’s gold operations and its exposure to the Ghana Gold Board.
The Central Bank is expected to post another operating loss for the period ending 2025, although it is likely to be smaller than the GH¢9.49 billion recorded in 2024.
Governor of the Central Bank Dr Johnson Pandit Asiama has previously attributed the losses to the cost of stabilising the economy, managing inflation, and supporting the cedi.
The Domestic Debt Exchange Programme (DDEP) is also expected to weigh on the Bank’s income, significantly reducing interest earnings on government securities.
In addition, higher interest expenses from open market operations, valuation effects from the Gold-for-Reserves programme, and exchange rate movements are likely to feature prominently in the audited accounts of the Bank.
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