The Ranking Member of Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah, has disputed claims about the financial performance of the Bank of Ghana, insisting that the institution’s total loss for 2025 stands at GH₵34.9 billion.
According to him, the GH₵15 billion figure being circulated by the National Democratic Congress does not reflect the full picture and should be disregarded.
Speaking on Ekosii Sen on Asempa FM, Mr Oppong Nkrumah argued that a detailed reading of the central bank’s audited 2025 annual report reveals significantly higher losses.
He explained that the reported GH₵15.6 billion represents only the core operational loss, while additional losses captured under other comprehensive income bring the total to about GH₵34.9 billion.
“When you go into the accounts, the loss is nothing less than GH₵35 billion. The GH₵15 billion being quoted is only part of the story,” he stated.
He further alleged that the presentation of the lower figure is a political narrative intended to downplay the extent of the losses.
Mr Oppong Nkrumah maintained that a proper interpretation of the financial statements is necessary to understand the true state of the central bank’s finances, cautioning against what he described as the politicisation of economic data.
“Because they are manipulating the figures, those who don’t read carefully may remain unaware. They are playing politics with these numbers. In accounting, remember that your assets are not part of your stock in trade,” he added.
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