Akufo-Addo to tax Ghanaians to cover for BoG losses – Kwakye Ofosu

A former Deputy Minister for Communication during the erstwhile Mahama administration, Felix Kwakye Ofosu has alleged that the Akufo-Addo government will soon tax Ghanaians to pay for the losses the Bank of Ghana has incurred.

The Central Bank in its 2022 annual report recorded huge losses amounting to GHS 60.8 billion, which has sparked a public outcry as its governor suffers backlash in the media space.

The Bank is also putting up a new head office building at Ridge allegedly costing $250.

Aside from the cost, Ghanaians and the Minority in Parliament have criticised the bank about the timing of the project when COVID-19 had just hit and things were tough for the economy.

Speaking to the losses incurred by the Central Bank on the Gumbe Show on TV XYZ, Kwakye Ofosu said the government had failed woefully and described the Akufo-Addo administration as a lawless one especially as the Bank is blamed for allegedly printing illegal money to fund the government.

He said the government intends to tax Ghanaians to recover for the losses.

“The taxes will be used for recapitalisation so the Bank can work well,” he told host Oheneba Boamah Bennie.

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