The Bank of Ghana (BoG) has recorded a loss of GH¢9.49 billion resulting from a fall in total operating income in the 2024 financial year.
This is the third consecutive fiscal pressure for the central bank having posted GH¢60.9 billion and GH¢10.5 billion in losses for 2022 and 2023 financial years respectively.
For 2024, the total operating income of GH¢9.40 billion was outpaced by total operating expenses of GH¢18.89 billion leading to the deficit.
Source: Citi News
