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BoG spends over GH¢131 million on motor vehicle maintenance in 2022 – Report

According to the Bank of Ghana’s annual report, as of December 2022, GH131.586 million has been spent on motor vehicle upkeep and operation. This is much less than the GH61.510 million that was spent during the same time in 2021. The report added that human costs had increased by GH1.620 billion since 2021, when GH1.260 billion had been reported. The Central Bank spent GH97.4JUdGzvrMFDWrUUwY3toJATSeNwjn54LkCnKBPRzDuhzi5vSepHfUckJNxRL2gjkNrSqtCoRUrEDAgRwsQvVCjZbRyFTLRNyDmT1a1boZVincreased by more than 300%. Financial institute and banking college expenses totaled GH32.020 million, while communication costs came to GH13.252 million. Computer-related costs were GH 67.987 million and banking supervisory costs were GH 357.923 million, respectively. The majority of the Bank’s expenses increased by more than 100% in 2022 compared to 2021, according to a broad study of the balance sheet.

Boanerges Amoako
Boanerges Amoako
I am Boanerges Amoako, a multifaceted visionary excelling in blogging, social media influence, content creation, online marketing, news publishing, and a deep love for all things tech. Join me on a captivating journey through creativity, influence, reliability, and endless possibilities!


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