Bank of Ghana
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
Minority caucus in Parliament slammed the Bank of Ghana for recording a significant loss in revenue due to the controversial Domestic Debt Exchange Programme.
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).
The Auditor-General, Johnson Akuamoah Asiedu, has so far recovered more than GH¢11.52 million in disallowed unearned salaries and allowances in just one year.
Governor of the Bank of Ghana (BoG) Dr Ernest Addison has disclosed that some 7.7 tonnes of gold has been added to the central bank's reserves in June 2023.
The cedi has lost 11.21% to the dollar in the first half of 2023. Although the cedi performed better this year, it is projected to fall further by close of 2023
Bank of Ghana has punished two of Ghana's prominent banks, Fidelity Bank and First National Bank Ghana, for breaching the country's rules on forex trading.
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Ofori-Atta has said government's flagship social intervention programmes like the Free SHS won't be discontinued or altered under the $3 billion IMF programme
Bank of Ghana
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