April 24, 2024

Togbe Afede has in a recent article said that the Bank Of Ghana has failed.

 

 

“This is unprecedented in our history. The loss, equal to 10 % of our 2022 GDP of GHS606.82 billion (USD72.24 billion at the average 2022 cedi-dollar exchange rate of 8.4:1), is one of the largest one-year losses ever recorded by a central bank,” he said

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Source: MyNewsGh.com

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