Ghana news briefing
GoldBod’s $1.7bn loss is worth it; forex gains have stabilised Ghana’s economy, Manteaw says
7 billion loss incurred by the Ghana Gold Board (GoldBod) is justified by the foreign exchange gains and wider economic benefits generated by the programme.8 billion from Gold for Oil and then $3.
Dr Manteaw said this created an unrecovered cost because GoldBod was buying at market prices while some foreign buyers were purchasing gold at a discount.
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