The Bank of Ghana has reduced the size of certain facilities in its new head office, which is currently under construction.
This was disclosed by the Governor, Dr. Ernest Addison, when he appeared before the Public Accounts Committee (PAC) of Parliament on April 8, 2024.
He told the committee that the central bank has taken steps to downsize the new project.
He said they have excluded the auditorium from the plans for the new headquarters.
He also told the committee that payments for
construction, including the new head office for the Central Bank, have been processed.
“It’s important to understand the project cycle, by the time you end up paying for a project, the project might have travelled quite a distance. Yes,…activities started much earlier than that, and a lot of it has been downsized.
“One of the facilities would have included an auditorium but that is not going to happen. There has been an attempt to address the issue.”
“Even though the money was paid in 2022, [contract payments], the activities had long started as far back as 2020. It takes a while, for some of these things to become due for payments.”
By: Rainbowradioonline.com/Ghana
