Minority projects Bank of Ghana’s gold losses to hit $300m by end of the year, explains what occasioned the losses
Bank of Ghana lowered its standard in the way they responded to the reports on the $214 million losses – Bokpin
Goldbod has done quite well but there is a problem of pricing regime that needs to be looked at – Bokpin
We welcome feedback and constructive criticisms but not misconceptions – Goldbod CEO Sammy Gyamfi, says they made no losses
Manteaw: Claim of BoG losses deliberately failed to take into account the net benefit of the domestic gold purchase programme
Overall, IMF signals support for retaining stabilisation benefits of domestic gold purchases – Theo Acheampong
Minor extensions are common in IMF programmes worldwide, there is nothing untoward about this – Theo Acheampong
BoG: IMF flagged financial risks associated with Gold Purchase Programme but it’s important to place concerns within context