Statement on Bank Of Ghana’s 2022 Financial Statements
Bank of Ghana released its full-year 2022 audited financial statements on 28th July 2023. The financial statements reported a total loss of GHS60 billion, which has since become a matter of unfortunate politicisation. It is noteworthy that GHS53.1 billion of those losses were a direct result of the Government’s domestic debt restructuring exercise (phase 1 and II).