BoG gold programme boosts Ghana’s reserves despite $1.7 billion loss - Report

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Cyril ofori 13 hours ago

Applauds to the Governor for achieving over 13 billion dollars in reserve. These IMF people are pissed that our economy is improving and we won’t come to them again.

Applauds to the Governor for achieving over 13 billion dollars in reserve. These IMF people are pissed that our economy is improving and we won’t come to them again.
Prof Thomas 13 hours ago

Applauds to who? These people have chopped Ghana’s money through the gold purchase program and you’re here saying we should applaud him. He has squandered our money.
Or you’re being paid to say this? NDC, never again ...
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Applauds to who? These people have chopped Ghana’s money through the gold purchase program and you’re here saying we should applaud him. He has squandered our money.
Or you’re being paid to say this? NDC, never again hm
Jay in London 10 hours ago

IN THE SAME VEIN, ARE BEING PAID BY THE NPP TO CRITICISE THE GOVERNOR'S GOOD WORK?
YOU NPP DON'T KNOW HOW TO THINK. YOU THINK SPEAKING IS THE SAME AS THINKING AND THAT IS WHERE YOUR WEAKNESS LIES.

IN THE SAME VEIN, ARE BEING PAID BY THE NPP TO CRITICISE THE GOVERNOR'S GOOD WORK?
YOU NPP DON'T KNOW HOW TO THINK. YOU THINK SPEAKING IS THE SAME AS THINKING AND THAT IS WHERE YOUR WEAKNESS LIES.
Jumbo 9 hours ago

Yes, I find this report to be balanced, honest and well researched, reflecting the true state of affairs instead of the usual negativities meted out at Goldbod. We can all now have a sound sleep with the view that atleast so ...
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Yes, I find this report to be balanced, honest and well researched, reflecting the true state of affairs instead of the usual negativities meted out at Goldbod. We can all now have a sound sleep with the view that atleast something is working while acknowledging the fact that there's room for improvement. For heavens seek, NPP ought to be reminded that Goldbod is less than two years old and it's on the right path of find tuning it's activities. So all hands on board. Tnx.
CPP ARISE! Down boy 19 minutes ago

Soo naive

Soo naive
Vasco 11 hours ago

Does it Really make Sense? To Lose search Amount ?or i cant think Far.

Does it Really make Sense? To Lose search Amount ?or i cant think Far.
Basabasa 11 hours ago

How can you lose and boost at the same time . Propaganda nkoaa

How can you lose and boost at the same time . Propaganda nkoaa
Jumbo 8 hours ago

@ Vasco, while acknowledging the fact that there's room for improvement, just imagine for a second BOG going to open market to borrow 10 billion dollars with 8 percent coupon rate. Your math is as good as mine. Goldbod gave u ...
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@ Vasco, while acknowledging the fact that there's room for improvement, just imagine for a second BOG going to open market to borrow 10 billion dollars with 8 percent coupon rate. Your math is as good as mine. Goldbod gave us all these for virtually free.

NPP took the sovereign debt from 120 billion cedis to 726 billion cedis adding over 600 billion dollars in 8 years. 600 billion is about 37 billion dollars using 16 cedis to a dollar . Again, with 37 billion at the same 8 coupon rate, the country would have incurred 2.9 billion dollars as interest if NPP was still in power. Give credit where credit is due. Tnx.
Jay in London 10 hours ago

According to the IMF, the transfer of the domestic gold purchases to the Goldbod marks a fundamental shift in strategy in the Ghana gold reserve policy

Without the Goldbod, the domestic gold purchase as started by the NPP ...
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According to the IMF, the transfer of the domestic gold purchases to the Goldbod marks a fundamental shift in strategy in the Ghana gold reserve policy

Without the Goldbod, the domestic gold purchase as started by the NPP was not fraught with mysterious policies that did not help fight currency depreciation, inflation, uncertainty in the market, and instability.

So the reason the NPP is so focused on the Goldbod is to undermine the very one POLICY they FAILED TO THINK OF AND IMPLEMENT EFFICIENTLY.

THEY CAN NOW SEE WHERE THEY FAILED AND HOW THE NDC HAS CAPITALISED ON THEIR FAILURE TO LIFT GHANA FROM THE DOLDRUMS THAT THEY SANK US INTO.

NPP HAS BECOME A JEALOUSY-INFECTED PARTY. THEIR TACTICS NOW IS DO ANYTHING, JUST ANYTHING TO WIN POWER BACK REGARDLESS THE MEANS.

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BoG gold programme boosts Ghana’s reserves despite $1.7 billion loss - Report

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