The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has revealed that furnishing the central bank’s newly constructed headquarters will cost $11.1 million.
The state-of-the-art facility, located in Accra, was inaugurated on November 20, 2024, by former President Nana Addo Dankwa Akufo-Addo, with key government officials, BoG executives, and financial sector leaders in attendance.
The project, however, sparked criticism, particularly from the then-Minority in Parliament, who called for the resignation of former Governor Dr. Ernest Addison and his deputies due to concerns about the bank’s spending.
Speaking to Parliament on Wednesday, March 5, Dr. Asiama defended the expenditure, clarifying that the old BoG office had structural defects and was no longer suitable for operations.
“Furniture and furnishings were awarded at $11.1 million,” he stated.
He further assured lawmakers of the BoG’s commitment to prudent financial management and its role in maintaining financial stability in the country.
The new facility is expected to enhance the central bank’s operational efficiency and strengthen its ability to regulate Ghana’s financial sector effectively.
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