Former Deputy Finance Minister and Chair of Parliament’s Public Accounts Committee, Abena Osei-Asare, has raised concerns over the financial health of the Bank of Ghana, warning that its rising negative equity could eventually impose a burden on taxpayers.

In a Facebook post on Sunday, May 3, 2026, reacting to the Bank’s 2025 audited accounts, the Atiwa East MP noted a sharp deterioration in the central bank’s financial position. She pointed out that negative equity widened from GH¢58.62 billion in 2024 to GH¢93.82 billion in 2025, while annual losses increased from GH¢9.49 billion to GH¢15.63 billion.

She argued that although the Bank continues to operate, the situation should not be treated as a routine accounting issue, especially as the government has already committed to restoring its capital base.

Citing details from the financial statements, she indicated that the state is expected to recapitalise the central bank through a phased programme scheduled between 2026 and 2032.

According to her, such a commitment has broader implications for public finances, as the cost of addressing the Bank’s losses could ultimately be transferred to taxpayers.

Mrs. Osei-Asare described the current negative equity position as a serious fiscal concern, stressing that it should attract attention beyond policymakers to the general public.

She called for greater transparency regarding the government’s recapitalisation strategy, including details of any agreements, bond issuances, cash support, or possible write-offs tied to the process.

The former deputy minister also urged Parliament’s Finance, Economy, and Public Accounts Committees to invite the Governor of the Bank of Ghana, the Finance Minister, auditors, and other relevant officials to provide clarity on the issue.

She emphasised that any plan involving public funds must be subjected to strict parliamentary oversight and full disclosure to ensure accountability.