BoG’s 2025 Losses Causing Great Impact on Ghana’s Economy – Deputy EPA CEO

Accra: Deputy Chief Executive Officer for the Environmental Protection Authority (EPA), Dr Michael Ayamga-Adongo, says the loss at the Bank of Ghana is nothing different. According to him, central banks can incur losses to ensure economic and price stability rather than maximize profit. He says, unlike 2023 and 2024, when the impact of the losses was not seen directly, Ghanaians are seeing the direct impact of the losses made.

According to Ghana Web, the Bank of Ghana recorded a much larger loss in 2025, as detailed in its annual report and Financial Statements released on May 1, 2026. The Bank posted a loss of GHS15.63 billion for the year ended December 31, 2025, marking a 65% increase from the GHS9.49 billion loss recorded in 2024. At the Group level, which includes its subsidiaries, losses also rose to GHS15.29 billion, up from GHS9.41 billion the previous year. This indicates that financial pressure affected both the Bank and its related entities.