Ghana's Parliament Minority caucus accuses BoG management of illegally writing off GH¢48bn gov't debt, causing central bank insolvency.
Ghana's Parliament Minority caucus accuses Bank of Ghana (BoG) management of illegally writing off GH¢48bn gov't debt, leading to central bank insolvency. They say the Governor and his two deputies printed money to finance gov't overspending without parliamentary approval, causing a loss of GH¢60.8bn and a negative equity of GH¢55bn in 2022. The caucus calls for accountability from BoG leadership.
March 11, 2024
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