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FlowYourMind
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FlowYourMind
@Flowyourmind1
Electrical Technician/Entrepreneur/Politics / Ghana first
Greater Accra, Ghana Sumali Haziran 2013
1.1K Sinusundan1.1K Mga Tagasunod
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Ghana has recorded its best World Press Freedom Index ranking in five years, rising to 39th globally and 4th in Africa, according to Reporters Without Borders.
#AbanPapaAba

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Governor @DrJPAsiama and his team at the BoG incurred losses to stabilise the then ailing economy.โฆ#AbanPapaAba

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Canโt wait for Attah Issahโs masterclass on NewsFile or KeyPoints tomorrow๐ฅ๐โฆ#AbanPapaAba
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And kevyn Taylor won,your man fold come apologize๐ซ๐ซโฆ..Quecyofficial apologizing go make Kevyn Taylor feel like Merlin o๐๐๐
Nay ๐ฌ๐ญ@gyamfi__01
Kevyn Taylor sends strong last warning to Quecyofficial over dumsor Wahala, This kevyn Taylor man figa nobody go fit am o๐๐๐
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When thereโs competence at the helm of affairs, thereโs positivity everywhereโ
โฆ#AbanPapaAba

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Governor @DrJPAsiama and his team at the BoG incurred losses to stabilise the then ailing economy the useless Bawumia and his NPP bequeathed to us to bring economic relief to all of us. Donโt fall for any propaganda, the losses under this administration isnโt the same as their GHC 60 billion losses๐๐ซต๐ฝโฆ#AbanPapaAba

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@Flowyourmind1 The next election circle would be interesting.
We winning for sure! ๐๐ฝ
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@tech_twi It will be seized at the port during inspection, pre owned fridges are not allowed in the country anymore. Be updated before you later come on X to blame the government for confiscating it . T for thank you.
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๐๐จ๐โ๐ฌ ๐๐๐๐ ๐๐ฎ๐๐ข๐ญ๐๐ ๐
๐ข๐ง๐๐ง๐๐ข๐๐ฅ๐ฌ. ๐๐ยข๐๐.๐๐๐ง ๐จ๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ฅ๐จ๐ฌ๐ฌ ๐๐๐ฌ๐จ๐ซ๐๐๐ ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐๐ข๐ฌ๐ข๐ง๐๐ฅ๐๐ญ๐ข๐จ๐ง, ๐ฌ๐ญ๐๐๐ข๐ฅ๐ข๐ฌ๐ ๐ญ๐ก๐ ๐๐๐๐ข, ๐๐ง๐ ๐ซ๐๐ฌ๐ญ๐จ๐ซ๐ ๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐๐จ๐ง๐๐ข๐๐๐ง๐๐.
With the release of its 2025 audited accounts, the Bank of Ghanaโs reported loss tells a deeper story, one centered not merely on expenditure, but on deliberate economic intervention designed to shield households and reposition the national economy.
From inflation dropping sharply, stronger foreign reserves, improved consumer confidence, lower lending rates, and a significantly strengthened cedi, the figures reinforce how monetary discipline and strategic policy choices can produce measurable national relief.
This accompanying indicators reflect the cost of stabilization, the weight of institutional responsibility, and the broader payoff of difficult but necessary decisions taken in the national interest.
As Ghana charts its path forward, the focus now turns to sustaining these gains through prudence, transparency, and inclusive growth that ensures macroeconomic recovery translates into real benefits for every Ghanaian.
#PrimeRakon

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Prince Owusu-Ansah responds to @gboakogh
The GHS 34.95 Billion Claim: Why Adding OCI to BoGโs Loss Gets It Wrong
In a Facebook post made by Dr. Gideon Boako, a claim was made that has gained significant attention in both traditional media and social media. The claim made was that Bank of Ghanaโs (BoG) actual loss is not the reported GHS 15.63 billion, but a much larger GHS 34.95 billion when Other Comprehensive Income (OCI) is added. It has caught public attention, and this is as a result of it striking nature (the figure looks striking and this is understandable).
But the conclusion behind it does not hold up when you look closely at how financial reporting works.
Not All Losses Mean the Same Thing
At the center of the argument is a simple assumption: that every negative number in the financial statements represents the same kind of loss. That assumption is incorrect.
Financial statements are structured to separate different types of outcomes. The figure reported as the โloss for the yearโ comes from profit or loss, which reflects the results of actual activities carried out during the period.
OCI sits outside that. It captures changes in value that are not part of day-to-day operations and, in many cases, have not been realised.
Adding OCI to profit or loss and calling the result the โtrue lossโ ignores this distinction. This has been clearly catered for in IAS1 (Presentation of Financial Statements).
What OCI Really Represents
OCI includes items such as:
โข Changes in exchange rates affecting foreign holdings
โข Revaluation of financial assets
โข Market-driven valuation adjustments
These are not losses in the usual sense. They are movements in value based on prevailing market conditions. Thus, accounting adjustments driven by market conditions. More importantly, they are often temporary. What appears as a loss in one year can reverse into a gain the next. Indeed, the same commentary pointing to a GHS 19.32 billion OCI loss in 2025 acknowledges a GHS 13.5 billion OCI gain in 2024. That volatility is precisely why OCI is reported separately.
Importantly, they do not necessarily involve any cash outflow. No money may have been lost in practical terms.
Why Adding OCI Creates a Distorted Picture
Combining OCI with the reported loss may seem like a way to uncover the โfull story,โ but it actually does the opposite.
First, OCI is often unrealised. A drop in value today does not mean a permanent loss. If conditions improve, that same position can recover.
Second, OCI is highly volatile. As already indicated above, the same discussion pointing to a large OCI loss this year also acknowledges that there was a gain in OCI in the previous year. That alone shows how unstable this measure can be.
Third, OCI does not reflect operational performance. It is influenced largely by external factors, such as market and exchange rate movements, rather than decisions made within the institution during the year.
Putting all of this into one number alongside operational results creates a figure that is neither a clear measure of performance nor a reliable indicator of financial health.
Why the Separation Exists
The separation between profit or loss and OCI is not accidental. It is designed to improve clarity.
If everything were lumped together, it would be difficult to tell:
โข What came from actual operations
โข What came from temporary market movements
โข What is likely to persist and what may reverse
By presenting OCI separately, financial statements allow readers to make these distinctions.
A Simple Illustration
Consider an asset whose market value falls sharply at the end of the year. That decline may be recorded in OCI. But unless the asset is sold, the loss remains on paper.
If the value recovers next year, the earlier โlossโ disappears.
Treating such a movement as part of the yearโs definitive loss assumes it is permanent. That assumption is not always valid.
Clarity Matters in Public Debateโฆ
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Let us talk about what the Bank of Ghana's 2025 results actually mean for you. Imagine in 2024 you bought a bag of rice for GHยข400. With inflation at around 20%, that same bag would have cost you GHยข480 by year end.
Now in 2025, with inflation at 3%, that bag costs GHยข412. You did not receive a cash transfer. The government did not subsidise rice. But you have made some savings of GHยข68 on one bag of rice due to BoGโs intervention (which is inflation being brought under control).
That saving came at a cost, the Bank of Ghana spent money absorbing excess cash from the banking system to bring inflation from 23.8% down to 3.2%. That cost has been accounted as part of their financial losses.
The Bank bore the cost weโre all benefiting from now. #AbanPapaAba

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@Papa_Tenko @tech_twi Bro is not updated , he will later come here to blame the government
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@tech_twi Used old fridges are no more allowed in Ghana, they will be destroyed at the port if identified. Donโt bother yourself
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