Ghana's economy highly sensitive to gold prices - IMF

Read Comments Comments (11)

• Kwame 5 hours ago

  So what? Why is the INF sooo confused about this current Ghanaian economy? Our plan to exit the IMF next year June is driving this guy's crazy. They're doing everything possible to keep us in bondage and dictate to us like sl ...
  read full comment

  So what? Why is the INF sooo confused about this current Ghanaian economy? Our plan to exit the IMF next year June is driving this guy's crazy. They're doing everything possible to keep us in bondage and dictate to us like slaves. I don't understand why they're pleading with Ghana to extend the policy to August 2026? We need to get rid of this guy's like Burkina did to France and they came begging and Burkina gave them conditions to fly their airplane to their country. Enough of this nonsense

  reply
• Agbeli Kumordziì 4 hours ago

  IMF wish Ghana screwed up and cone back to IMF
  Is not going to happen
  We can choose eating fari to avoid IMF wicked business

  IMF wish Ghana screwed up and cone back to IMF
  Is not going to happen
  We can choose eating fari to avoid IMF wicked business

  reply
• Kobie 4 hours ago

  Which country isn't sensitive to the price of it's main commodity? Same way oil producing countries are sensitive to oil price so will Ghana be to gold price.

  Which country isn't sensitive to the price of it's main commodity? Same way oil producing countries are sensitive to oil price so will Ghana be to gold price.

  reply
• These criminals are repeating their criminal activities again 3 hours ago

  Just as GoldMan Sachs manipulated gold prices in the early 90s during Clinton's time just to collapse Ashanti Gold to take it over on a silver platter with the help of Sam Jonah, they are mulling ways and means to collapse go ...
  read full comment

  Just as GoldMan Sachs manipulated gold prices in the early 90s during Clinton's time just to collapse Ashanti Gold to take it over on a silver platter with the help of Sam Jonah, they are mulling ways and means to collapse gold prices to hurt Ghana's economy. The current government must be vigilant. If they engage in any crime to hurt Ghana's economy, seize and Nationalize Newmont and Amy American multi national extracting gold in the country. Go the way Mali, Tanzania and Niger have gone to gain more for your natural resources

  reply
• These criminals are repeating their criminal activities again 3 hours ago

  Just as GoldMan Sachs manipulated gold prices on the commodity market in the early 90s during Clinton's time for the sole purpose of collapsing Ashanti Gold to take it over on a silver platter with the help of Sam Jonah, they ...
  read full comment

  Just as GoldMan Sachs manipulated gold prices on the commodity market in the early 90s during Clinton's time for the sole purpose of collapsing Ashanti Gold to take it over on a silver platter with the help of Sam Jonah, they are mulling ways and means to collapse gold prices to hurt Ghana's economy. Ghana had always held a golen share in Ashanti gold through which the Government of Ghana could veto any decision Ashanti gold took that was not in the interest of Ghana. The multinational manipulators hated that golden share rule, and they had discussions about it daily on TV. At this time gold deposit in South Africa was dwindling ,and they saw Ghana as the only African country they could get the commodity from. They developed ways and means to make gold an unattractive product by bidding down the price to reduce it artificially. They engaged in this manipulation with the full help of Sam Jonah whom they rewarded after they succeeded in taking over Ashanti Gold. The current government must be vigilant. If they engage in any crime to hurt Ghana's economy, seize and nationalize Newmont and any American multi national extracting gold in the country. Go the way Mali, Tanzania and Niger have gone to gain more for your natural resources

  reply
• Naysayers 3 hours ago

  IMF is not our friend. They have never been

  IMF is not our friend. They have never been

  reply
• Don't mind the IMF 2 hours ago

  Every argument made centers on the gold reserves Ghana is accumulating.
  Their assessment is that a 30% drop will harm Ghana however gold is expected to rise further on 2026.
  Again, US, Canada, Russia, China, etc have had s ...
  read full comment

  Every argument made centers on the gold reserves Ghana is accumulating.
  Their assessment is that a 30% drop will harm Ghana however gold is expected to rise further on 2026.
  Again, US, Canada, Russia, China, etc have had significant gold reserves for over hundred years. Whether the price goes up or down in the short term, Ghana should continue to grow her reserves because over the long term gold is a winner.
  Gold used to be under $1000 per ounce. See where it is now

  reply
• NADAA2 2 hours ago

  This is the only article on GhanaWeb where the contributors seem to be educated and knowledgeable.
  GREAT
  
  Yes, which country is not sensitive to it's primary export products?
  
  The IMF was, is, will never be our friend in ...
  read full comment

  This is the only article on GhanaWeb where the contributors seem to be educated and knowledgeable.
  GREAT
  
  Yes, which country is not sensitive to it's primary export products?
  
  The IMF was, is, will never be our friend in the long term!
  The earlier we throw off the IMF yoke, the better for the country.
  So, Mahama, pay off ALL THE IMF DEBTS so we can experience TRUE EMANCIPATION.

  reply
• GOLDEN 1 hour ago

  TIME TO ENFORCE STRICT ACCOUNTABILITY AND TRANSPARENCY,PERIOD!!!!!!!!!!!!
  WITH SO MUCH GOD-GIVEN NATURAL RESOURCES,THERE IS NO NEED FOR GHANA TO BORROW FROM FOREIGN COUNTRIES, WHO DEMANDS VERY HIGH INTEREST RATES!!!!!!

  TIME TO ENFORCE STRICT ACCOUNTABILITY AND TRANSPARENCY,PERIOD!!!!!!!!!!!!
  WITH SO MUCH GOD-GIVEN NATURAL RESOURCES,THERE IS NO NEED FOR GHANA TO BORROW FROM FOREIGN COUNTRIES, WHO DEMANDS VERY HIGH INTEREST RATES!!!!!!

  reply
• Bh 40 minutes ago

  Fool...so what?

  Fool...so what?

  reply
• Forlifive 18 minutes ago

  Imf this imf that why?? They should leave us alone. Ndc is not npp to always go begging for arms to ran the country

  Imf this imf that why?? They should leave us alone. Ndc is not npp to always go begging for arms to ran the country

  reply