Why NPP's gold purchase programme may not be effective - IMANI Africa explains

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M.T 1 year ago

Saying it may not be effective mean it may be effective. Even if it doesn't work effectively it's still better than not taking such initiatives. Progress is progress regardless of how small it is.

Saying it may not be effective mean it may be effective. Even if it doesn't work effectively it's still better than not taking such initiatives. Progress is progress regardless of how small it is.
Kwaame 1 year ago

It's failed! The cedinis now 17 units to a unit of dollar. The program started 2 years ago!

It's failed! The cedinis now 17 units to a unit of dollar. The program started 2 years ago!
Jesus Loves You 1 year ago

Repent, for the Kingdom of God is near. The Kingdom of God is within your reach. Don't miss this opportunity. The alternative is everlasting punishment. Just accept Jesus Christ as your Lord and Saviour, and let Him be the Lo ...
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Repent, for the Kingdom of God is near. The Kingdom of God is within your reach. Don't miss this opportunity. The alternative is everlasting punishment. Just accept Jesus Christ as your Lord and Saviour, and let Him be the Lord of your life in deed, not only in words. Jesus loves you.
Jury 1 year ago

Fundamentals are at ground zero and so the exchange rate is in the sky.

Fundamentals are at ground zero and so the exchange rate is in the sky.
Bonkers 1 year ago

Bunch of dirty criminals

Bunch of dirty criminals
Outlaw 1 year ago

Conveniently leaving out what the NDC policy alternative is on gold purchase! Very one-sided to achieve what exactly, mischief and also creating disaffection against the Npp. Gutter CSO!

Conveniently leaving out what the NDC policy alternative is on gold purchase! Very one-sided to achieve what exactly, mischief and also creating disaffection against the Npp. Gutter CSO!
Sadiq 1 year ago

Ah!
Then suggest the structures that will make it effective. You are a Think tank, but you didn't think when we were in that quagmire. Someone thought something irrespective of how insignificant the impact is, you making com ...
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Ah!
Then suggest the structures that will make it effective. You are a Think tank, but you didn't think when we were in that quagmire. Someone thought something irrespective of how insignificant the impact is, you making commentary to suggest it's nothing. Yet no new solution or suggestions to perfect what the person has already thought and implemented
GOV OFFICIAL 1 1 year ago

There they go. The IMPORSIBILITY GROUP OF COMPANIES. You rightly admitted that the system is working in some countries, so why can't it me done in GOLD COAST.

There they go. The IMPORSIBILITY GROUP OF COMPANIES. You rightly admitted that the system is working in some countries, so why can't it me done in GOLD COAST.
Kwame Peter 1 year ago

So IMANi,tell us what needs to be done to stabilize the cedi,the problem is known,it is the solution that is needed.

So IMANi,tell us what needs to be done to stabilize the cedi,the problem is known,it is the solution that is needed.
Kwaame 1 year ago

Stop stealing from the state and hiding it under your bed! That would help the fortunes of the cedi!

Stop stealing from the state and hiding it under your bed! That would help the fortunes of the cedi!

Obaa yaa 1 year ago

Please offer us alternative solutions. Just saying it is not feasible is not beneficial.

Please offer us alternative solutions. Just saying it is not feasible is not beneficial.
Kofi 1 year ago

NkwaseaMANI very stupid and reckless gusys. Gyimiiiiiiii

NkwaseaMANI very stupid and reckless gusys. Gyimiiiiiiii
Kobby 1 year ago

IMANI, now the only thing you can do is to keep humiliating yourself since you have joined the 'nay-sayers' for cheap political reasons!

IMANI, now the only thing you can do is to keep humiliating yourself since you have joined the 'nay-sayers' for cheap political reasons!
Patriot 1 year ago

This analysis is incomprehensible, for example to say the program will work if gold prices are high so they could buy more without saying how that works - makes no sense. In general, BoG diversifying its reserves with Gold ma ...
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This analysis is incomprehensible, for example to say the program will work if gold prices are high so they could buy more without saying how that works - makes no sense. In general, BoG diversifying its reserves with Gold makes sense. A better way is for the government to simply dig the gold itself and sell some of it to BOG at cost plus a small margin, below market price, and sell the rest at market price to raise revenue and foreign currency.
Edem 1 year ago

This is big mouth Talk-Tank, not think-tank.This election has really exposed those who parades as intellectuals to be worst than political party serial callers.A think tank that just critiques and insults for political expedi ...
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This is big mouth Talk-Tank, not think-tank.This election has really exposed those who parades as intellectuals to be worst than political party serial callers.A think tank that just critiques and insults for political expediency instead of designing solid solutions for the nation.
Jonathan Mensah 1 year ago

I disagree with IMANI Africa because there should be enough evidence to prove that NPP backing the cedi with gold cannot work.History has proven that a fixed currency system in which a government’s currency is fixed to the ...
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I disagree with IMANI Africa because there should be enough evidence to prove that NPP backing the cedi with gold cannot work.History has proven that a fixed currency system in which a government’s currency is fixed to the value of gold has been adopted in the past by other countries such as Germany in 1871 and the United States in 1944.The purchasing of gold may be effective with good intentions by the government of Ghana. The obstacles which may arise should be dealt with by introducing a better way to fight corruption.It has worked before and so it can work again.Nothing is impossible in this world.
Accranie 1 year ago

Formulating&Implementing a successful National Economic Policy is no child's play

Formulating&Implementing a successful National Economic Policy is no child's play
3dem 1 year ago

It is not am NPP gold purchase programme. It is a bank of ghana product.... so politicising products and services of government agencies. These products may out live governments and benefit the people

It is not am NPP gold purchase programme. It is a bank of ghana product.... so politicising products and services of government agencies. These products may out live governments and benefit the people
Nana 1 year ago

Very warped analysis from IMANI. The idea of supporting a currency backed by gold is not solely dependent on the absolute price of gold but its stability as a safe haven of investment and hedging. If for nothing at all, the " ...
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Very warped analysis from IMANI. The idea of supporting a currency backed by gold is not solely dependent on the absolute price of gold but its stability as a safe haven of investment and hedging. If for nothing at all, the "gold for oil" program success was the absence of ques for fuel unlike happened in countries like Nigeria, a major oil producing nation.

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Why NPP's gold purchase programme may not be effective - IMANI Africa explains

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