Tag Archives: BoG’s

In the 1990s, the Bank of Ghana began the search for adequate and secured land for a new Head Office, given that the Central Business District had caught up with the existing Head Office and the need to expand to meet its growing operations. i. In the year 2011, the …

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has published new documents relating to the now controversial new head office of the Bank of Ghana (BoG). The documents relate to correspondence between the Ministry of Finance and the central bank on among others, the issue of variation of project cost. The most recent …

Osagyefo Oseadeeyo Agyemang Badu II, the Dormaahene, has spoken out against the central bank’s new head office project which has been valued at US$250m according to the Minority in parliament. The Dormaahene, who doubles as a High Court judge, lamented that this was not the time for the Bank of …

The International Monetary Fund (IMF) has justified the Bank of Ghana’s GH¢60 billion impairment loss recorded in the 2022 fiscal year. The Bretton Wood institution in a post captured on its website about Ghana on August 10, 2023 said there is no cause for alarm. It upheld the position that the Bank of Ghana suffered …