The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama has assured the public that the central bank remains committed to its primary responsibility despite ongoing controversy over its new headquarters building.

He said this when he appeared in Parliament on Wednesday, March 5, 2025.

Addressing the house, Dr. Asiama highlighted that despite the project's escalating costs, rising from an initial $81.8 million to $261.8 million, the institution remains laser-focused on its primary mandates.

"While the new headquarters project has understandably drawn public attention, it is important to emphasise that the Bank of Ghana remains fully focused on its primary responsibility, which is to maintain price stability, which is to ensure financial sector resilience, and which is to foster economic growth," he said.

The new headquarters, located in West Ridge, was procured through a competitive process and includes advanced technological infrastructure. Separate contracts totaling over $35 million were awarded for integrated systems, security, and furnishings to create a modern central banking environment.

While acknowledging public scrutiny surrounding the building's expenses, the governor stressed its dedication to transparency and prudent financial management.

The new BoG boss assured Parliament that the new board will exercise rigorous oversight and maintain the institution's credibility.

He added that he will consult the new board about the undertaking of a value-for-money audit for the project.

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