Ghana spent $8.9m on printing of new ¢100, ¢200 notes – Finance Minister, Ken Ofori-Atta

The Finance Minister, Hon Ken Ofori-Atta has told Parliament that a sum of $8.9 million was spent to print the new ¢100 and ¢200 notes.

Speaking on the floor of Parliament on Tuesday, Ken Ofori-Atta said $5.39 million has already been paid to commence the whole process.

“Information obtained from the Bank of Ghana (BoG) shows that the cost of printing the ¢100 and ¢200 notes is $8.97 million.
This is made up of $4.45 million and ȼ4.53 million for the ¢100 and ¢200 notes respectively. An amount of $5.39 million of the total contract sum has been paid,”

Ken Ofori-Atta told Parliament on Tuesday

Mr Ofori-Atta further stated that once the Bank of Ghana finalises its 2019 financial statements, “details of the cost of the currency management will be provided in the bank’s financial statements.”