Audio By Carbonatix The Bank of Ghana is expected to report a net loss of GH¢15.6 billion for the 2025 financial year. The projected loss marks a significant increase from the GH¢9.6 billion recorded in 2024. If confirmed, the figure would become the second-largest loss recorded by the central bank since 2008, representing a 68 per cent jump year-on-year. A member of the Finance Committee, Atta Issah, in a press briefing in Parliament on Thursday, defended the central bank’s position, emphasising that its mandate is not profit-driven. “The bank reported a net cost or loss for 2025 of 15.6 billion Ghana cedis compared to a loss of 9.6 billion in 2024. It is not and was never intended to be a profit-maximisation institution,” he said. He explained that the losses should be viewed within the context of broader economic stabilisation efforts, as central banks often undertake interventions that may not yield immediate financial returns. He added that other comprehensive income recorded a charge of GH¢19.32 billion, largely due to the impact of a stronger cedi on the value of the bank’s foreign reserves. Mr. Issah further outlined the central bank’s equity position, explaining that while the net equity stood at negative GH¢31.3 billion at the end of 2024, it is projected to improve to a positive GH¢1.2 billion, compared to a deeper negative position of about GH¢35 billion recorded at the end of 2025. Cumulatively, he said, the figures bring the Bank’s net equity position to approximately negative GH¢96.3 billion, reflecting the financial cost of interventions over the period. He argued that at the time President John Dramani Mahama assumed office, the total negative equity position of the Bank of Ghana stood at about GH¢61.3 billion. “For context, as at 2021, the Bank had a positive net equity of about GH¢1.2 billion Ghana cedis. These numbers reflect the cost of the work that was done to stabilise the economy,” he explained. The Majority maintains that while the losses appear significant, they are the result of necessary actions taken by the central bank to support macroeconomic stability during a challenging period. DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited. Tags: Atta Issah Bank of Ghana Loss DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited. Related to this story BoG’s GH₵15bn loss does not affect monetary policy – Majority WACCU transitions to BoG regulation, launches digital tools amid GH¢89.9m asset growth We’ll support fintech innovation, but regulation will not be compromised – BoG Governor Asiama Bank of Ghana fails to publish 2025 financial statements in violation of BoG Act Bank of Ghana clarifies treatment of earnings for content creators BoG Governor hosts ‘Central Bank Bridge: Remit2Invest’ dialogue in Virginia, USA Bank of Ghana Governor to perform official tee-off at 3i Africa Invitational Tournament CIB Ghana Post-MPC policy seminar urges action to turn macroeconomic stability into jobs Bank of Ghana’s $1.3bn profit from gold sale could help narrow 2025 losses Analysis: Why the Bank of Ghana sold half its gold reserves Latest Stories BoG’s GH₵15bn loss does not affect monetary policy – Majority2 minutes Minority accuses Majority of attempting to “shift public perception” ahead of BoG’s GH¢15bn publication8 minutes Kick Nation secures Ipswich Town trial for Ghanaian youngster Philip Frimpong12 minutes MTN Ghana hosts first Digital Music Conference to tackle artistes revenue challenges19 minutes Ghana heads to Rabat for African Open Government Conference22 minutes Ghana tilting towards the abyss while waiting for doomsday55 minutes Pragya and tipper truck head-on collision claims teacher’s life at Asante Mampong1 hour 10 illegal miners remanded into prison custody for mining under ECG high-tension poles2 hours Bank of Ghana expected to post GH¢15.6bn loss for 2025 financial year2 hours House of Chiefs urges Ghanaian workers to commit to environmental protection2 hours OSP saga: A legal analysis demonstrating that A-G authorization was long granted2 hours Fifth unit at Akosombo goes live as grid recovery nears final stages2 hours WAJESHA condemns SA xenophobic attacks, warns of growing public and mental health crisis2 hours The human face of digital finance and its hidden cost3 hours Mahama recommends female NSS person for automatic employment after Akosombo recovery efforts3 hours