Bank of Ghana exposure to government debt raises independence concerns – CERPA

A policy analysis by the Centre for Economic Research and Policy Analysis (CERPA) has warned that Ghana’s growing overlap between fiscal and monetary policy could undermine the credibility and independence of the Bank of Ghana (BoG), as the central bank continues to record mounting losses linked to its policy interventions. The think tank, in a review of the BoG’s financial performance from 2018 to 2025, argues that the central bank’s heavy exposure to government debt and involvement in quas...

By Caleb Ahinakwah