The government incurred a cost of US$9 million in the printing of the GH¢100 and GH¢200 notes.
This is made up of US$4.45 million and US$4.53 million for the GH¢100 and the GH¢200 notes respectively.
Finance Minister, Ken Ofori Atta, disclosed this in Parliament in response to a question that stood in the name of the member for Lambussie, Edward Kaale-Ewola Dery.
Also READ: Coronavirus: Ahi demands reopening of Teshie desalination plant
The Member sought to know how much it cost the state to print the higher cedi denominations.
The Minister explained that currency management falls within the domain of Bank of Ghana.
He indicated, however, that information obtained from the Bank put the cost at US$8.97 million.
A total contract sum of US$5.39 million, he said, has been paid from the cost.
He explained that further details of the cost of currency management will be provided in the Bank of Ghana’s 2019 financial statements.
By Osumanu Al-HassanlFrongpageghana.comlGhana
