Member of Parliament for Tano North and Member of the Finance Committee of Parliament, Dr Gideon Boako has termed Bank of Ghana’s (BoG) 2025 operational loss as a ''new low'' in its recent history.

In its 2025 Financial Statement published on May 1, 2026, the Bank of Ghana (BoG) registered a huge operational loss of GH¢ 15.6 billion, which is the second highest loss by the Central Bank since the Cedi was redenominated in 2008.

The loss, surprisingly, also surpassed the 2024 figure, which was seen as a positive outlook from the 2022 global economic crisis which hit the Bank of Ghana and other central banks around the world.

With 2025 described as a non-crisis year, analyst have expressed surprise at how the Bank of Ghana performed worse in 2025 under a new management and government than in 2024.

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Member of Parliament for Tano North, Dr Gideon Boako, has criticised the Central Bank, over this development, describing the huge loss as a "new low".

Dr Boako, who extensively analysed the Bank’s financial situation a few months ago and predicted its impending loss, said the BoG registering such a loss in a non-crisis year is "most damning."

"The most damning part? 2025 was not a crisis year. The Bank’s 2024 financial statements showed a system slowly healing. Operating losses had narrowed from GH¢13.23 billion to GH¢9.49 billion. Other Comprehensive Income had turned positive. FX valuation losses were moderating. The balance sheet was stabilizing. Then 2025 arrived, and the new management at the Bank of Ghana reversed the progress they inherited, '' Gideon wrote in an post on his Facebook page.

"The question is not whether losses can occur in central banking. They can. The question is: why a central bank that had begun to recover suddenly plunged into the largest non-crisis loss in its history?" he quizzed.

The MP blamed the loss on politically motivated policy choices as key driver of the unfortunate monumental losses.

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