This loss of $1.7 billion is equivalent to GH¢22 billion, and that is 1.5% of our GDP." What the Bank actually reportedIn its 2025 financial statements, the Bank of Ghana reported a net loss on gold deals of approximately GH¢9.1 billion. This comprised a GH¢8.85 billion net loss on Gold for Reserves (G4R) and a GH¢0.20 billion net loss on Gold for Oil (G4O), the latter programme having been discontinued in March 2025. Crucially, the $214 million figure Abena Osei-Asare attributed to BoG's financial statements for the entire 2025 does not appear there as the reported loss. This means the apex bank did not understate the gross gold traded losses of 2025 as claimed by the Chairperson of Parliament’s Public Accounts Committee, Abena Osei-Asare.