A spokesperson for Dr Mahamudu Bawumia, Dr Ekua Amoakoh, has criticised the Bank of Ghana over what she described as a lack of transparency in its financial reporting.
Dr. Ekua Amoakoh defended concerns raised about the central bank’s recent financial losses.
She questioned how the Bank of Ghana handled and presented its financial statements and claimed the figures were not communicated clearly to the public.
“The mischief begun when the report was taking off their website at midnight. It was only up for 2 hours and they put it down,” she said, describing the move as “bad faith.”
Dr. Amoakoh also challenged explanations from government supporters who linked the losses to efforts aimed at stabilising the economy, such as controlling inflation and managing gold-related operations.
“They are telling us that the loss we are seeing is the cost of reducing inflation,” she said.
She argued that the losses appeared around the same time the central bank introduced changes to its gold purchasing programme.
According to her, the timing raised questions about the policy decisions behind the programme.
Dr. Amoakoh further stated that although officials often speak about economic progress, many national problems remain unresolved.
She pointed to stalled infrastructure projects and delays in salary payments to some public sector workers.
“Are you aware that the Agenda 111 which is 99 percent complete is not open,” she said while referring to the government’s hospital project.
She also mentioned ongoing challenges in the cocoa sector and concerns about delayed salaries for nurses and teachers.
Dr. Amoakoh accused the ruling National Democratic Congress (NDC) of failing to speak openly and honestly with Ghanaians about the state of the economy.
