The entire value of buying furnishings and furnishings for the brand new Bank of Ghana (BoG) headquarters will quantity to a staggering $11.1 million.
This determine was disclosed by the Governor of the Central Financial institution, Dr Johnson Asiama, whereas briefing Parliament on the mission on Wednesday, fifth March 2025.
Breakdown of Challenge Expenditure
Throughout his deal with, Governor Asiama offered updates on the mission’s total monetary standing. He revealed that as of February 2025, roughly $230 million had been paid in direction of the mission, leaving an excellent steadiness of $31.8 million but to be settled with the contractor.
Moreover, a complete of $48.3 million has been paid in taxes and levies associated to the development.
The Governor additionally outlined the prices of separate contracts related to the infrastructure, together with:
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ICT methods and community infrastructure – $8.6 million
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Built-in Digital Safety Programs – $15.8 million
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Furnishings and furnishings – $11.1 million
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Dedication to Transparency
Acknowledging the general public curiosity and issues surrounding the mission, Dr Asiama assured Parliament of the BoG’s dedication to transparency and accountability.
Mr Speaker, we wish to guarantee this Honourable Home that the brand new board will train its oversight tasks effectively and guarantee worth for cash in all our undertakings.
Background of the Controversial Challenge
The brand new headquarters mission was inaugurated on twentieth November 2024 by former President Nana Akufo-Addo, sparking protests from the then NDC Minority Caucus in Parliament.
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Spanning 150,000 sq. metres, the state-of-the-art headquarters in Accra contains seven interconnected buildings and accommodates 2,500 workers members.
The mission has drawn vital public scrutiny, with issues raised over expenditure and priorities amidst Ghana’s financial challenges.