Audio By Carbonatix
In the early hours of May 1, 2026, the Bank of Ghana released its 2025 financial statements, hours after the NDC Majority Caucus preempted the release by publicly disclosing portions of the accounts in a press briefing on April 30, 2026.
Following the release, JoyNews Research Analyst, Caleb Ziblim, reviewed the statements and produced a preliminary analysis explaining how the Bank’s sale of nearly half of Ghana’s gold reserves in November and December 2025 significantly reduced the loss position.
Without the roughly ¢9.5 billion profit from the gold sale, the Bank’s losses could likely have exceeded ¢25 billion, further weakening its balance sheet and deepening concerns about its ability to sustainably absorb the cost of open market operations.
The analysis also points to what appears to be a frontloading of stabilization and intervention costs into the 2025 financial year, potentially creating some room for the central bank to stabilize its books in subsequent years.
Watch Caleb break down the numbers:
Latest Stories
-
Conflicts among care providers linked to maternal, neonatal deaths – Expert
14 minutes -
GIS marks 10th TIME conference, champions improved teaching practices
21 minutes -
BRICS Or Balance? What Ghana’s bid really means
47 minutes -
GPRTU wants full TRAFFITECH-GH implementation to start in 2027
1 hour -
Mahama announces plans to import electric wheelchairs for PWDs
1 hour -
KGL U17 Colts 2026: Western beat Prempeh Elite Academy to set up final final with Greater Accra Region
1 hour -
Late Solanke strike salvages 10-man Spurs draw at Man United
2 hours -
Gender Ministry to monitor welfare of Nana Akua Addo’s children amid domestic violence case
2 hours -
Benedict Okyere Yeboah: Ghana’s football problem goes beyond sacking a coach
2 hours -
GPL 2026/27: Darkwah Wiafe’s winner sees All Blacks beat Kotoko
2 hours -
ITF World Tour : Patel Wins Boys’ Singles Final at J100 Accra
2 hours -
Ghana must pursue BRICS partnership if it brings economic benefits – Kpebu
2 hours -
Success and Wright Claims J100 Accra Girls’ Doubles Championship
2 hours -
ITF J100: America’s Wright wins J100 Accra Girls’ Singles Title
2 hours -
Expedition hopes to find aviator Amelia Earhart’s plane on remote island
2 hours