The Bank of Ghana reduced its operating loss to GH¢9.49 billion in 2024, marking significant improvement from the GH¢13.23 billion loss recorded in 2023 and a drastic recovery from the GH¢60.8 billion deficit in 2022. Despite this progress, the central bank's equity position remains deeply negative at approximately -GH¢61.3 billion,…

Economist and legislator Dr. Gideon Boako has called for a national debate on potentially commercializing operations at Ghana's central bank, the Bank of Ghana (BoG), to address its persistent financial losses. This proposal follows the BoG reporting its third consecutive annual deficit, with a GHC 9.49 billion loss for 2024.…