Akufo-Addo/Bawumia Used GH¢18.89 Billion Whilst Mahama Used GH¢37.91 – Awal On Increased Cost

A fresh controversy surrounding state expenditure and central bank operations has emerged following claims by social commentator Awal Mohammed regarding public spending figures across successive Ghanaian administrations.

In a social media post published on May 1, 2026, Mohammed alleged that the Akufo-Addo-Bawumia administration recorded GH¢18.89 billion in Bank of Ghana operational expenses during 2024. He contrasted this figure with an alleged GH¢37.91 billion incurred under President John Dramani Mahama’s administration in 2025, pointing to a roughly 100 percent increase in operating costs to criticize the current government’s fiscal management.

The statements generated swift public reactions across social media platforms. While some commentators expressed concern over the reported expenditure hike and demanded state accountability, others questioned the reliability and context of the figures presented.

Financial experts emphasize that central bank operational costs are complex and cannot be evaluated solely on surface-level comparisons. Increases in central bank expenses frequently stem from macro-economic interventions, including monetary policy measures to curb inflation, foreign exchange stabilization efforts, and liquidity support for the banking sector. Furthermore, Mohammed’s claim lacked an itemized breakdown or independent auditing documentation specifying what the reported billions actually encompassed.

Despite the absence of official confirmation from monetary authorities, the online controversy highlights growing public sensitivity toward government spending and state financial management. The debate underscores the increasing role of digital commentary in driving national fiscal discussions, while reinforcing the necessity of relying on verified official financial reports when evaluating central bank performance and public debt metrics.

Source: Awal Mohammed Official Facebook Post, 1 May 2026

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