Gov’t to make fresh budgetary allocation to continue BoG recapitalisation in 2027

The government has announced plans to make another budgetary allocation in the 2027 Budget to continue the recapitalisation of the Bank of Ghana, reaffirming its commitment to restoring the central bank's financial strength under a long-term programme expected to run until 2032.

Ampem stressed that a financially strong and independent central bank is critical to maintaining investor confidence, safeguarding financial sector stability and ensuring the effectiveness of monetary policy in keeping inflation under control.

The Deputy Finance Minister said government has already demonstrated its commitment to rebuilding the central bank's financial position by issuing a GH¢5 billion bond in March 2026.