The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has revealed that furnishing the Central Bank’s new headquarters will cost $11 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 BoG had faced heavy criticism over the project, with the then-Minority in Parliament demanding the resignation of former Governor Dr. Ernest Addison and his deputies.
Addressing Parliament on Wednesday, March 5, Dr. Asiama defended the decision, stating that the old BoG office had structural defects and was no longer fit for purpose.
He stated, “Furniture and furnishings were awarded at $11.1 million.”
Dr. Asiama reassured Parliament of the central bank’s commitment to prudent financial management and its role in maintaining financial stability.
The new facility is expected to enhance the BoG’s ability to regulate Ghana’s financial system while aligning with the government’s broader agenda for economic stability and financial sector growth.
