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Tuesday, 5 May 2026
Ghana’s news, on the hour · Est. 2026
Tuesday, 5 May 2026
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Atta Issah

Also known as: Mr Issah · Sagnarigu MP · Attah Issah

Sagnarigu MP and Finance Committee member defending Bank of Ghana's financial position amid 2025 losses.

Atta Issah, Sagnarigu MP and Finance Committee member, has defended the Bank of Ghana's GH¢96.3 billion negative equity and GH¢15.6 billion 2025 loss, arguing they reflect deliberate monetary stabilisation efforts rather than institutional failure. He cited structural improvements—including lower inflation and reduced policy rates—as factors expected to reduce future financial pressures on the central bank.

2026-04-302026-05-05
Politics

BoG's GH₵15.7bn expected loss does not undermine core mandate

The News

The Majority in Parliament defended the Bank of Ghana's expected loss of about GH₵15.7 billion for 2025, arguing that central bank losses linked to inflation-control measures are a global phenomenon and do not affect the BoG's authority to set monetary policy, manage foreign reserves, or supervise the financial system, which is defined by law rather than balance sheet performance.

Why it matters

Parliamentary Majority defends BoG loss as consistent with global central banking practice, directly addressing public concerns.

30 April 2026 · Joy Online →

Thursday 30 April

  1. BoG's GH₵15.7bn expected loss does not undermine core mandate

    The Majority in Parliament defended the Bank of Ghana's expected loss of about GH₵15.7 billion for 2025, arguing that central bank losses linked to inflation-control measures are a global phenomenon and do not affect the BoG's authority to set monetary policy, manage foreign reserves, or supervise the financial system, which is defined by law rather than balance sheet performance.

    30 April 2026 · Joy Online →

  2. Bank of Ghana projects GH¢15.6bn loss for 2025

    The Bank of Ghana is expected to report a net loss of GH¢15.6 billion for 2025, up from GH¢9.6 billion in 2024, marking the second-largest loss since 2008. A Finance Committee member defended the loss, stating the central bank's mandate is not profit-driven and the losses reflect broader economic stabilisation efforts.

    30 April 2026 · Joy Online →

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