News:
May 2, 2026
Sagnarigu MP Issah Atta says the net loss reflects the cost of necessary economic reforms — not a setback — as inflation drops to 5.4% and reserves hit a record US$14.5 billion.
Issah Atta, Member of Parliament for Sagnarigu and a member of Parliament’s Finance Committee, has led a press conference to unpack the Bank of Ghana’s 2025 financial results — a report he describes as a positive milestone for the country’s economic recovery.
While the central bank recorded a net loss of GH¢15.6 billion for 2025, Atta stressed that the figure must be understood within the context of deliberate policy actions taken to stabilize the economy.
“Despite the financial challenges faced in 2025, these results reflect the cost of the necessary work to restore stability. The good news is that these costs are behind us.”
— Issah Atta, MP for Sagnarigu.
Key Wins Under the NDC Government
Atta, who praised the leadership of Bank of Ghana Governor Dr. Johnson Pandit Asiama, highlighted several major economic achievements over the past year:
· Inflation dropped from 23.8% (end of 2024) to just 5.4% (end of 2025) — and has continued declining into March 2026.
· Cedi appreciation of 41% in 2025, making it the strongest currency among emerging markets.
· International reserves rose to a historic US$14.5 billion — the highest ever recorded.
· Policy rate cut from 27% to 14%, leading to lower lending rates and more affordable credit for small businesses, farmers, and homebuyers.
“This stability has directly benefited families, businesses, and everyday Ghanaians — from stable food prices to lower borrowing costs.”
— Issah Atta
Legal Reforms & Long-Term Resilience
Atta also credited Parliament and the government for passing key legal frameworks, including:
· Bank of Ghana Amendment Act
· Ghana Accelerated National Reserve Accumulation Policy (GANRAP)
These measures, he said, strengthen Ghana’s economic resilience and long-term stability.
“These Challenges Are Behind Us”
Acknowledging that other central banks worldwide have faced similar financial pressures, Atta assured Ghanaians that the Bank of Ghana remains fully capable of executing its mandate.
“Ghana is not alone in this journey. Our resilience is evident, and our focus remains on sustainable growth and economic prosperity.”
With inflation under control, reserves at record levels, and confidence in the economy at an all-time high, the MP concluded that Ghana is firmly on a strong recovery path — delivering tangible benefits for every citizen.
Ghanamps.com