Bank of Ghana
BoG explains GH¢131m used for vehicle maintenance, breaks down spending after public backlash
The Bank of Ghana has broken down over GH¢131 million used for vehicle maintenance in 2022 after fierce criticism in the wake of the 2022 financial report.
BoG's "outrageous" expenses in 2022 listed: Spent $13m on car maintenance, $9.7m on travels among others
Six of the expenses of the Bank of Ghana in 2022 as listed in its published annual financial reports have been described as utter recklessness and outrageous.
Gang of 4: NDC describes Akufo-Addo, Bawumia, Addison and Ofori-Atta as money printing criminals
The opposition National Democratic Congress (NDC) has blamed Akufo-Addo, Bawumia, Ofori-Atta and Dr Addison for the Bank of Ghana's current financial challenges
"We won't lend money to government again": Bank of Ghana vows after losing GH¢60.8 billion
The Bank of Ghana has disclosed that it will no longer lend money to the government as part of a strictly zero financing policy, following huge losses in 2022.
BoG accused of illegally writing off GH¢48.4 billion gov't debt without parliamentary approval
The Bank of Ghana has been accused by the Minority in Parliament of perpetuating illegality by writing off government debts on the blindside of Parliament.
BoG fights back: Says GH¢60bn loss not due to reckless spending, blames Ofori-Atta's DDEP
The Bank of Ghana (BoG) is fiercely fighting back against widespread accusations that the GH¢60 billion loss it recorded in 2022 was due to reckless policies.
Ofori-Atta strikes again: Minister announces ongoing plan to include GH¢29.2 bn pension funds in debt exchange
Finance minister Ken Ofori-Atta has disclosed to Parliament that there is an ongoing process to include pensions to the tune of GH¢29.2 billion in the DDEP
Bank of Ghana is broke: Minority slams central bank for losing GH¢60 billion
Minority caucus in Parliament slammed the Bank of Ghana for recording a significant loss in revenue due to the controversial Domestic Debt Exchange Programme.
BoG loses GH¢55.12b due to DDEP haircut, Dr Addison plans to restore equity by 2027
The Bank of Ghana (BoG) has disclosed that it lost GH¢55.12 billion in 2022 due to the haircuts that came with the Domestic Debt Exchange Programme (DDEP).
Bank of Ghana
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