Also known as: Mr. Afful · Mr Afful · Mr Eric Afful · Ishmael Afful · Hon. Afful
Chairman of Parliament's Economy and Development Committee who defends Bank of Ghana's losses as macroeconomic stabilisation costs rather than insolvency.
Verbatim sentences from the source article.
The Chronicle
… Addressing a news conference in Accra on Tuesday, May 5, 2026 the Chairman of Parliament’s Committee on Economy and Development and Member of Parliament for Amenfi West, Eric Afful, argued that the BoG’s negative equity position should be understood not as institutional failure, …
BoG Loss Saved Businesses From Collapse –MajorityJoy Online
The Member of Parliament for Sefwi Wiawso and a member of Parliament’s Business Committee, Kofi Benteh Afful, has strongly defended the operations of the Bank of Ghana, describing critics of the central bank’s recent loss as individuals “seeking the doom of the economy.” Accordin …
BoG critics seeking Ghana’s doom – Sefwi MPJoy Online
… Speaking on behalf of the Majority, the Member of Parliament for Amenfi West, Eric Afful, said the Bank’s financial performance should not be assessed using the same standards as commercial banks. …
BoG not meant to make profit – Majority defends lossesJoy Online
The Chairman of Parliament’s Economic Committee and Member of Parliament for Amenfi West, Eric Afful, has urged the public to avoid assessing the Bank of Ghana’s financial losses using the framework of a commercial bank. …
BoG losses must not be interpreted through narrow commercial banking lens – Eric AffulJoy Online
… Speaking to journalists, Chairman of Parliament’s Economy and Development Committee and Member of Parliament for Amenfi West, Eric Afful, said the losses did not translate into meaningful improvements in economic conditions. …
Majority criticises Akufo-Addo gov’t over failure to achieve stability despite BoG lossesJoy Online
… Addressing a press conference in Accra on Tuesday, May 5, the Member of Parliament for Amenfi West and Chairman of Parliament’s Economic and Development Committee, Eric Afful, said the BoG’s negative equity position should not be interpreted as insolvency. …
Majority defends BoG losses, says they reflect cost of economic stabilisationGhana's Parliamentary Select Committee on Economy and Development commended the National Petroleum Authority for its effective regulation of the downstream petroleum sector and its contribution to economic growth. The Committee visited the NPA to conduct oversight, verify information from previous engagements, and strengthen collaboration with the Authority.
27 July 2026 · Joy Online →
Ghana's Parliamentary Select Committee on Economy and Development commended the National Petroleum Authority for its effective regulation of the downstream petroleum sector and its contribution to economic growth. The Committee visited the NPA to conduct oversight, verify information from previous engagements, and strengthen collaboration with the Authority.
27 July 2026 · Joy Online →
Private educational institutions have called on government to extend education support interventions to private schools, arguing that they remain important partners in Ghana's human resource development and shoulder significant operational costs while educating large numbers of Ghanaian children. The call was made by Reverend Father Richmond K. Nkansah, General Manager of King Arthur International School, during the school's 30th anniversary celebration in Kumasi, who said private schools should receive government support for facilities like ICT labs, school buses, and libraries.
27 July 2026 · Joy Online →
Ghana's Parliamentary Select Committee on Economy and Development visited the Ghana Gold Board to assess its operations and contribution to economic recovery through gold trading and foreign exchange mobilisation. CEO Sammy Gyamfi presented the Board's transformation from PMMC and outlined reforms including a planned gold traceability system procurement.
22 July 2026 · The Chronicle →
The Economy and Development Committee of Parliament has warned that ministries, departments and agencies failing to participate in the review of the 2025 Annual Progress Report will face sanctions, stressing that public institutions must demonstrate accountability for their performance and use of public resources.
17 July 2026 · Joy Online →
Ghana's Economy and Development Committee has warned that public institutions failing to participate in the review of the 2025 Annual Progress Report will face sanctions, saying active participation demonstrates commitment to accountability. The review will assess institutional challenges, performance, budget utilisation and service delivery improvements.
17 July 2026 · Joy Online →
The Chairman of Parliament's Economy and Development Committee defended a closed-door meeting with Bank of Ghana Governor Dr Johnson Asiama, arguing that the central bank's independence requires a different approach from usual parliamentary oversight. He said Parliament is not hiding the BoG's operations, but the institution is independent despite government being a stakeholder.
16 July 2026 · Joy Online →
Residents of Samreboi in the Western Region have begun returning to their homes as floodwaters that displaced thousands and affected nearly 2,500 people recede, though NADMO has cautioned against rushing back until comprehensive safety assessments are completed.
1 July 2026 · The Chronicle →
Parliament will reinstate Minority Leader Alexander Afenyo-Markin as a member of Ghana's eight-member delegation to the ECOWAS Parliament, replacing Deputy Minority Leader Patricia Appiagyei who opted out. His earlier presence at the delegation's inauguration in Abuja reportedly caused ECOWAS Parliament to refuse to swear in the entire delegation, prompting the Majority Leader to refer him to the Privileges Committee for investigation.
23 June 2026 · Joy Online →
More than 24 houses have collapsed in the galamsey community of Samreboi in Amenfi West Municipality, Western Region, as continuous rainfall from Friday through Sunday has worsened the humanitarian crisis, submerging homes and forcing displaced residents to flee temporary shelters in schools and churches.
23 June 2026 · The Chronicle →
The Toase District Court has struck out an assault case involving teacher Eric Afful and a female student at Nyinahin Catholic Senior High School after the court encouraged both parties to pursue amicable resolution and out-of-court settlement. The incident, which was captured on video and went viral on social media, sparked public outrage and led to the teacher's arrest.
10 June 2026 · Joy Online →
The Majority Caucus in Parliament contends that the Bank of Ghana's financial losses in 2025, reported at GH¢15.6 billion, were necessary to prevent widespread business collapse and economic hardship, though the opposition disputes the actual loss figure.
6 May 2026 · The Chronicle →
MP Kofi Benteh Afful has defended the Bank of Ghana's operations, arguing that critics describing the central bank's recent loss as a sign of economic doom misunderstand its role. He stated that a central bank cannot be assessed like a commercial bank, as its mandate is to ensure macroeconomic stability through managing inflation, exchange rates, and reserves rather than generate profit.
5 May 2026 · Joy Online →
Parliament's Majority has defended the Bank of Ghana's operational loss of about GH¢15.63 billion for 2025, which rose 65 per cent from GH¢9.49 billion in 2024, arguing the central bank is not structured to generate profit and should be assessed differently from commercial banks.
5 May 2026 · Joy Online →
Parliament's Economic Committee Chairman Eric Afful says the Bank of Ghana's GH¢15.6 billion net loss in 2025 and negative equity of GH¢96.3 billion should not be assessed using a commercial banking framework, but rather understood as costs of economic stabilisation during a severe macroeconomic crisis. He cited cumulative losses of GH¢80.85 billion from 2022–2024, when inflation peaked at 54.13% in 2022 and the cedi depreciated significantly.
5 May 2026 · Joy Online →
The Majority in Parliament has criticised the Akufo-Addo administration for failing to achieve macroeconomic stability despite the Bank of Ghana recording cumulative losses of over GH₵80 billion between 2022 and 2024, plus a GH₵15.6 billion loss in 2025. Key economic indicators including inflation, currency depreciation, and central bank equity remain under pressure, according to the chairman of Parliament's Economy and Development Committee.
5 May 2026 · Joy Online →
Parliament's Majority has defended the Bank of Ghana's 2025 losses—GH¢15.63 billion, up 65 per cent year-on-year—arguing that negative equity is an accounting condition reflecting deliberate policy actions to stabilise the economy rather than insolvency, and does not indicate financial distress.
5 May 2026 · Joy Online →