GoldBod: Ghana's forex reserves surge amid record exports under President Mahama

Read Article

Comments (15)

This article is closed for comments.

Read Comments Comments (15)

Tired Akuffu Addo, learn some sense from baby brother Mahamma 9 months ago

NPP watch and learn how to govern

NPP watch and learn how to govern
NDC and propaganda 9 months ago

What export is surging under Mahama?

What export is surging under Mahama?
Moses 9 months ago

Gold export is surging in the global market.

Gold export is surging in the global market.
GHANA MUST BAN THE EXPORT OF GHANA'S GOLD BARS FOR PRIVATE SALE ABROAD. 9 months ago

FOR DECADES, MANY GHANAIAN LEADERS HAVE BEEN PRIVATELY SMUGGLING GHANA'S GOLD BARS ABROAD FOR THEIR PRIVATE GAIN. THIS PRACTICE MUST BE OUTLAWED TO GIVE GHANA'S ECONOMY "A BREATHING SPACE".

OTUMFUOR KWAKU DUAH, SAM JONAH, ...
read full comment

FOR DECADES, MANY GHANAIAN LEADERS HAVE BEEN PRIVATELY SMUGGLING GHANA'S GOLD BARS ABROAD FOR THEIR PRIVATE GAIN. THIS PRACTICE MUST BE OUTLAWED TO GIVE GHANA'S ECONOMY "A BREATHING SPACE".

OTUMFUOR KWAKU DUAH, SAM JONAH, AND MANY OTHER SELFISH INDIVIDUALS INCLUDING CHINESE, INDIANS, SYRIANS, LEBANESE AND OTHER FOREIGNERS IN GHANA HAVE BEEN SMUGGLING OUT GHANA'S GOLD BARS FOR DECADES, RESULTING IN DEADLY SOVEREIGN ECONOMIC LEAKAGES. THAT'S WHY GHANA, A RESOURCE- RICH NATION, HAS ALWAYS BEEN CHASING THE IMF AND OTHER LENDERS FOR SOVEREIGN LOANS IN THE MIDST OF PLENTY.

IF THIS IS HOW THE WEALTHY TAX-FREE GULF ARABS HAD BEEN RUNNING THEIR CRUDE OIL AND NATURAL GAS ECONOMIES, THEY WOULD NEVER HAVE BEEN WHERE THEY ARE TODAY.

IN GHANA, THE PROVISION OF BASICS LIKE 24/7 ELECTRICITY, WATER SUPPLY AND OTHER UTILITIES, AMONG MANY OTHERS, AT AFFORDABLE PRICE LEVELS IS A MAMMOTH TASK. THESE ARE UNHEARD OF IN THE GULF ARAB STATES WHERE FUEL PRODUCTS ARE CHEAPER THAN WATER BECAUSE THEY ARE ALL TAX-FREE.

THE AVERAGE ANNUAL RAINFALL IN THE GULF ARAB STATES IS LESS THAN 2" WHILE IT'S OVER 12" IN GHANA, YET THE ARABS NEVER COMPLAIN ABOUT FOOD AND WATER SHORTAGES.

THE TAX-FREE GULF ARABS ALSO HAVE VERY EFFICIENTLY-MANAGED NATIONAL AIRLINES WITH FLEETS OF MODERN AIRCRACFT AND MODERN INFRASTRUCTURE FACILITIES, ALL ACQUIRED WITH REVENUES FROM JUST TWO EXPORT PRODUCTS, REFINED CRUDE OIL AND LIQUIFIED PETROLEUM GAS.

GHANA IS ENDOWED WITH THESE TWO PRIMARY HYDROCARBONS BYPRODUCTS, PLUS DEPOSITS OF MANY PRECIOUS METALS INCLUDING COCOA, MUCH OF WHICH ARE EXPORTED BY GHANA'S SUCCESSIVE THIEVING LEADERS FOR THEIR PERSONAL GAIN WHILE THE ORDINARY CITIZENS ARE SUBJECTED TO CONDITIONS OF CRASS DEPRIVATION OF THE BASICS OF DECENT MODERN LIVELIHHODS.

GHANAIANS MUST RISE UP AGAINST THE DECADES OF SUCCESSIVE LEADERSHIP BUFFONERY AND THIEVERY.
Me. 9 months ago

Some1 himself has been smuggling gold bars to Iran in the past wai

Some1 himself has been smuggling gold bars to Iran in the past wai
.mr amin 9 months ago

Well done goldbod more vim the rate is still high

Well done goldbod more vim the rate is still high
TO WHAT EXTENT DOES THIS IMPROVE THE LIVING STANDARDS OF ALL GHANAIANS? 9 months ago

FOLLOWING THE INAUGURATION OF THE FPSO, THE LATE ATTA-MILLS SAID LIVING STANDARDS IN GHANA WILL BE DRASTICALLY IMPROVED BECAUSE OF GHANA'S CRUDE OIL FIND, BUT GHANAIANS HAVE RATHER BEEN ENDURING THE "OIL CURSE" SINCE THEN. SO ...
read full comment

FOLLOWING THE INAUGURATION OF THE FPSO, THE LATE ATTA-MILLS SAID LIVING STANDARDS IN GHANA WILL BE DRASTICALLY IMPROVED BECAUSE OF GHANA'S CRUDE OIL FIND, BUT GHANAIANS HAVE RATHER BEEN ENDURING THE "OIL CURSE" SINCE THEN. SO, WE'VE HEARD THIS MANY TIMES. TO WIT, "YA TI SAAAAA".

TO WHAT EXTENT DOES THIS IMPROVE THE LIVING STANDARDS OF ALL GHANAIANS?

GHANA'S EXPORT SALES AND TAX REVENUE PROCEEDS ARE ALWAYS SHARED BY GHANA'S REDUNDANT ARTICLE 74 OFFICEHOLDERS IN EX-GRATIA PAYOUTS, CREATE LOOT AND SHARE, AND OTHER FRAUDULENT CONTRACTS.. THE ORDINARY GHANAIAN IS ALWAYS SHORTCHANGED IN GHANA PLC'S EXPORT SURGE.
Hannan 9 months ago

;))))))))) Single women are waiting for you on >> Fun4.top

;))))))))) Single women are waiting for you on >> Fun4.top
Busiah 9 months ago

Good job please how much or many you met .

Good job please how much or many you met .
Dan 9 months ago

Every country every nation knows the importance of gold except stupid Ghanaians instead of stopping export of gold they give it away freely. Why do Africans and African leaders hate gold.. diamonds. Platinum so much??? We ar ...
read full comment

Every country every nation knows the importance of gold except stupid Ghanaians instead of stopping export of gold they give it away freely. Why do Africans and African leaders hate gold.. diamonds. Platinum so much??? We are out of our minds exporting these resources

Prince 9 months ago

The wise President kept it for future and stupid President sell it for the present

The wise President kept it for future and stupid President sell it for the present
Yarroh 9 months ago

Dear God please continue to arrest the dollar power till we hear ghc 4=one dollar in Jesus name

Dear God please continue to arrest the dollar power till we hear ghc 4=one dollar in Jesus name
Fundamentals 9 months ago

Are the fundamentals right? Agriculture, transport infrastructure, cocoa exports, reduced corruption and wasteful expenditure, industrial production, etc. If fundamentals have not improved we would be celebrating too early ju ...
read full comment

Are the fundamentals right? Agriculture, transport infrastructure, cocoa exports, reduced corruption and wasteful expenditure, industrial production, etc. If fundamentals have not improved we would be celebrating too early just like Bawumia arresting the cedi. The dollar is weak because of Trump’s crazy economic policies.
Aba 9 months ago

Stupid article Goldbod a good initiative has not started yet Gold purchases now are under the old programme.If you stop paying Energy producers contractors stop all projects etc what will happen.Unemplpyment galore in Ghana n ...
read full comment

Stupid article Goldbod a good initiative has not started yet Gold purchases now are under the old programme.If you stop paying Energy producers contractors stop all projects etc what will happen.Unemplpyment galore in Ghana now
People don't read even Governor of BOG has admitted some of success to old Gold programme.
Kobina Sey 9 months ago

The articĺe did. not tell us the amount of the reserves

The articĺe did. not tell us the amount of the reserves

15 Comments

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

GoldBod: Ghana's forex reserves surge amid record exports under President Mahama

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (15)

Read Comments Comments (15)