Finance Minister Dr. Cassiel Ato Forson has revealed that the Bank of Ghana (BoG) is seeking financial support of GHC 53 billion to stabilize its operations and resolve its negative equity concerns.

Speaking during the 2025 Budget Statement presentation in Parliament on Tuesday, March 11, Dr. Forson emphasized the need for the bailout, stating:

"Mr. Speaker, the Bank of Ghana is also seeking an amount of GHC 53 billion as a bailout to address the negative equity challenge it faces."

The central bank’s financial struggles stem from significant losses incurred in 2022, primarily due to the government's domestic debt restructuring programme. The BoG recorded a total loss of GHC 60.8 billion last year, resulting in a negative equity position of GHC 55.12 billion.

The losses were mainly attributed to impairment charges on government securities holdings, loans to state-owned institutions, and exchange rate fluctuations.

Dr. Forson assured Parliament that the bailout is essential for stabilizing Ghana’s financial system, restoring confidence in the central bank, and ensuring the smooth functioning of the economy.