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FACT-CHECK: Abena Osei-Asare’s claim that BoG’s 2025 financial report understates $1.7bn gold trade loss FALSE

7 billion / GH¢22 billion figure In a visualized data pack from the Bank of Ghana cited by JoyNews Research, the central bank had indicated that it recorded a “loss on doré gold of ₵21.7 billion, but if you recall, the Bank of Ghana in their 2025 financial statement reported $214 million as the loss.20 billion net loss on Gold for Oil (G4O), the latter programme having been discontinued in March 2025.
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