Why I proposed Gold-for-Oil and Domestic Gold Purchase Programme - Dr Bawumia reveals

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Kwami 22 hours ago

Excessive government borrowing led to inability to obtain forex from international money markets, not covid 19 nor Russia-Ukraine war.

Excessive government borrowing led to inability to obtain forex from international money markets, not covid 19 nor Russia-Ukraine war.
Nii 22 hours ago

Another buuuluuu gyimiilor from NDC Foolish Soldiers Propaganda University. Do you understand the topic under discussion?

Another buuuluuu gyimiilor from NDC Foolish Soldiers Propaganda University. Do you understand the topic under discussion?
TRUTH 17 hours ago

@Nii.. it's amazes me why you the so called intelligent ones comment without insults.

Kwami never stated he is NDC and definitely has every right to state his opinion which most Ghanaians agree to.

Read the article and ...
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@Nii.. it's amazes me why you the so called intelligent ones comment without insults.

Kwami never stated he is NDC and definitely has every right to state his opinion which most Ghanaians agree to.

Read the article and you will see Bawuimia happily admitting to dependence of his government on external financing.

That is what broke Ghana. Excessive borrowing.

We could have managed well if we were not neck deep into debt when the COVID crisis came.

Some of us kept warning them but they refused to listen until the rainy day.

Today, NPP seems to have discovered why not to make losses but also at the same time mischievously asking Ato Forsan to spent and spent.
Spent what?

We have to develop the attitude of generating wealth and spending within our means.
TRUTH 15 hours ago

@Nii.. it's amazes me why you the so called intelligent ones' comments are full of insults.

@Nii.. it's amazes me why you the so called intelligent ones' comments are full of insults.
The Spear 9 hours ago

I wonder if the crazy reason he's giving was why he Bawumia and the BoG Director schemed to steal chunks of huge cash from the Bank,

I wonder if the crazy reason he's giving was why he Bawumia and the BoG Director schemed to steal chunks of huge cash from the Bank,
Sethoo 22 hours ago

If you've leader who's always drunk surrounded by kids like Sammy Gyamfi, Felix Ofosu Kwakye, Ablakwa Okudjeto, Sam George etc how can he think to have a vision?

If you've leader who's always drunk surrounded by kids like Sammy Gyamfi, Felix Ofosu Kwakye, Ablakwa Okudjeto, Sam George etc how can he think to have a vision?
James 21 hours ago

If a party anywhere in the world can get destroyed by a man you think is always drunk then I will want to be drunk too

If a party anywhere in the world can get destroyed by a man you think is always drunk then I will want to be drunk too
Nana 20 hours ago

Method, these guys are doing better than your government. The question is why Bawumia and the NPP with all that wisdom and knowledge ended up destroying the economy.

Method, these guys are doing better than your government. The question is why Bawumia and the NPP with all that wisdom and knowledge ended up destroying the economy.
AGBELI KUMORDZI8 22 hours ago

Bawumia is incompetent because of the Gold for oil Ghana lost billions of dollars

Bawumia is incompetent because of the Gold for oil Ghana lost billions of dollars
Nana 22 hours ago

Has John Dramani Mahama got the brain to think of any good policy. Alcohol has completely destroyed his brain that's why he could promise taking Poly Tanks to Cocoa farms & build 24hrs Economy Mkts.

Has John Dramani Mahama got the brain to think of any good policy. Alcohol has completely destroyed his brain that's why he could promise taking Poly Tanks to Cocoa farms & build 24hrs Economy Mkts.

Akufo Addo 20 hours ago

Nana gyimifo) ba. JM is hundred times better than this stupid sisifiaa dancing freak. Kwasia

Nana gyimifo) ba. JM is hundred times better than this stupid sisifiaa dancing freak. Kwasia
Kwame 21 hours ago

You proposed everything in this world except the day you were born. If you think this deceitful strategy will work then go ahead. This policy started from Kwame Nkrumah, so how can that be your initiative? After failing to pr ...
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You proposed everything in this world except the day you were born. If you think this deceitful strategy will work then go ahead. This policy started from Kwame Nkrumah, so how can that be your initiative? After failing to prove yourself as an economist, how far with the digitalization agenda? I hope you’ll not drive on the interchanges that are being constructed rather drive on the Ghana card. Weeiii
----------------------------- 21 hours ago

Kwame i think you are drunk, lost your brains or both. Mental patient, has your Mahama dreamt of anything that is success story in Ghana? Akuko nkitinkiti that have ended up in NDC looters kitchen pots, Nkonfem which flew to ...
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Kwame i think you are drunk, lost your brains or both. Mental patient, has your Mahama dreamt of anything that is success story in Ghana? Akuko nkitinkiti that have ended up in NDC looters kitchen pots, Nkonfem which flew to Burkina, XTX create-loot-and-share thievery, Hope city project that ended up being artistic imagery impression, etc. Incompetence and thievery are his benchmark.
Grandmaster. 21 hours ago

How ingenious is this theory? We want technology and inventions for advanced economic supremacy .

How ingenious is this theory? We want technology and inventions for advanced economic supremacy .
K. Kusi 21 hours ago

If this is not the definition of hyper hypocrisy, how else can one explain it? When it is good, you claim credit for it, but when it is bad, you were just a driver's mate. Invariably says the ILLS are for Akufo Addo. Is that ...
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If this is not the definition of hyper hypocrisy, how else can one explain it? When it is good, you claim credit for it, but when it is bad, you were just a driver's mate. Invariably says the ILLS are for Akufo Addo. Is that how you will reward someone who took you from nowhere, and made you what you are today? This is nauseating, to say the least. How can you be president with such selective amnesia? Ghanaians are wide awake now. Keep on believing that ditching an undeserved trust will endear you to any decent mind. Only immoral characters will tolerate such nauseating hypocrisy.
Osaberima Mensah 21 hours ago

A comedian and concert man, you dont know shit. Get the hell out of our space and go fine something to do. Do you criminals think Ghanaians are dumb or what? akofo adoo/bawuliarmia and afeya matches, you these criminals have ...
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A comedian and concert man, you dont know shit. Get the hell out of our space and go fine something to do. Do you criminals think Ghanaians are dumb or what? akofo adoo/bawuliarmia and afeya matches, you these criminals have really nailed your criminal organization nppig to the box. Such criminalities and atrocities you these ppl rended on Ghanaians for eight good years will forever be rememberd. Take your lies from us and go hide your shame.
Eric 20 hours ago

This is a leader, one who think outside the box, one who dream. Visionary leader like Dr Bawumia is what Ghana needs now!

This is a leader, one who think outside the box, one who dream. Visionary leader like Dr Bawumia is what Ghana needs now!
Akufo Addo 10 hours ago

He thinks outside the box indeed, it seems that's why he ran from economy to digitilization? Eric woy3 kwasia paaa. Wuni twasiri wa'te

He thinks outside the box indeed, it seems that's why he ran from economy to digitilization? Eric woy3 kwasia paaa. Wuni twasiri wa'te
The Spear 9 hours ago

What box?

What box?
When the fundamentals are weak 20 hours ago

Ghanacard is better than a thousand interchange, what a childish logic. Infact bahumia is a moron

Ghanacard is better than a thousand interchange, what a childish logic. Infact bahumia is a moron

GOLDEN 20 hours ago

TRANSPARENCY,TRANSPARENCY,TRANSPARENCY,PLUS STRICT ACCOUNTABILITY!!!!!!!!
MAKE PUBLIC THE NAMES OF COUNTRIES AS WELL AS PEOPLE INVOLVED IN THIS PROGRAM,TOO MUCH LOOTING AND CORRUPTION AT HIGH PLACES,TOO MUCH EMPTY TALKS WHIC ...
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TRANSPARENCY,TRANSPARENCY,TRANSPARENCY,PLUS STRICT ACCOUNTABILITY!!!!!!!!
MAKE PUBLIC THE NAMES OF COUNTRIES AS WELL AS PEOPLE INVOLVED IN THIS PROGRAM,TOO MUCH LOOTING AND CORRUPTION AT HIGH PLACES,TOO MUCH EMPTY TALKS WHICH LEADS NOWHERE,GHANAIANS DESERVE BETTER,ENOUGH IS ENOUGH!!!!!!
MANY COUNTRIES HAVE GOLD RESERVES FOR FINANCIAL SECURITY,AND NO NOT TRADE IT FOR PEANUTS,THEY HAVE BETTER SYSTEMS,WAKE UP AND STOP BEING PUPPETS!!!
Peter 20 hours ago

Because of Sammy gyamfi, bawumia has mouth to talk. Ndc have even stop gold for oil program and fuel price is better. Ken agyepong has even condermed gold for oil. From 2022 to 2024 , what was the effect of those programs on ...
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Because of Sammy gyamfi, bawumia has mouth to talk. Ndc have even stop gold for oil program and fuel price is better. Ken agyepong has even condermed gold for oil. From 2022 to 2024 , what was the effect of those programs on the economy?
Ndc has introduced goldbod to fight smuggling of gold and control the gold export and now npp can talk about gold for oil and gold for reserve. Did gold for reserve strengthen the cedi in their time? Was bawumia able to strengthen the cedi from 4 to 3.5 to a dollar in 2017? Today ato forson has strengthen the cedi from 15 to 11 and they are claiming it. Even accra- Kumasi express way they say they started it. Afari hospital they say they started it. Now the economy is getting better they say they started it. Is it not bawumia who said in 2025, what policy did ndc introduce to turn things around? Now they can remember gold for oil. Today we are processing gold for export, working on trackability, smuggling of gold is drastically reduced, it is because of goldbod. Bawumia should shut up.
Chaddar the President 20 hours ago

Oga Bawu,thanks for the initiatives,equally can we use same idea to buy tractors and other farm equipments with the gold without buying the dollars.Lets try it Mahama

Oga Bawu,thanks for the initiatives,equally can we use same idea to buy tractors and other farm equipments with the gold without buying the dollars.Lets try it Mahama
Wgoku 20 hours ago

Another nonsense talking from the worst so-called economics in Ghana history. What about other countries without Gold. No competent uncorrupted economics will ever recommend an old centuries trade by BATTER. What happened to ...
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Another nonsense talking from the worst so-called economics in Ghana history. What about other countries without Gold. No competent uncorrupted economics will ever recommend an old centuries trade by BATTER. What happened to all dollar Ghana exports funds?, Was selling Gold at the most modern method at bargain market price?. Ghana was the only African country in Gold4Oil criminal deal. Thieves.
Big Daddy 20 hours ago

Another rubbish from bawumia!

Another rubbish from bawumia!
Chaddar the President 20 hours ago

CHADDAR said it in his campaign that we DO NOT SELL the gold we buy locally but use it to take good loans while STILL HOLDING on the Gold deposit we have.So at the end of the day we still have gold plus the money.We can stil ...
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CHADDAR said it in his campaign that we DO NOT SELL the gold we buy locally but use it to take good loans while STILL HOLDING on the Gold deposit we have.So at the end of the day we still have gold plus the money.We can still use the deposited gold stock to trade on the market and make another GOOD cash.So it is up to Sammy Gymfi the CEO to use these two methods to make more Cash.Dont sell the gold keep it.Good luck
Kwamena Evans Kakra 19 hours ago

Carl JUNG....."thinking is difficult, that's why we always judge you".....pls DR...don't worry, there's more thinking to done.When you explain they will not wabt to......

Carl JUNG....."thinking is difficult, that's why we always judge you".....pls DR...don't worry, there's more thinking to done.When you explain they will not wabt to......
Hold for Oil 18 hours ago

We dont need an explanation why there is a gold for oil program when it was not transparent.

It had serious losses anyways and was a bad deal for Ghana why should all government business result in a loss. There has to be ...
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We dont need an explanation why there is a gold for oil program when it was not transparent.

It had serious losses anyways and was a bad deal for Ghana why should all government business result in a loss. There has to be a problem there.
Yaw Kwab 17 hours ago

Waaaoow!! This is BRILLIANCE. Kudos!! for this idea, Dr. Bawumia. If most of our leaders would think outside-the-box like this, Ghana's problems would reduce drastically. May God bring you back to lead this country Ghana bec ...
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Waaaoow!! This is BRILLIANCE. Kudos!! for this idea, Dr. Bawumia. If most of our leaders would think outside-the-box like this, Ghana's problems would reduce drastically. May God bring you back to lead this country Ghana because we need leaders like you with good vision and critical thinking.
Peter 17 hours ago

Bawumia should know that for 8 years they didn't add anything substantial to Ghana's progress. What they added was more debt to soes, more borrowing and debts, haircut, ddep; look at saglemi for 8 years not even one block was ...
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Bawumia should know that for 8 years they didn't add anything substantial to Ghana's progress. What they added was more debt to soes, more borrowing and debts, haircut, ddep; look at saglemi for 8 years not even one block was added. But rather stealing, doors, acs, windows were all removed. Look at TOR, they collapsed it and nearly sold it, thanks to OSP. They added one village one dam, where is it? Nabco, they couldn't pay them, one district one factory and I can count 100 districts without a factory. They couldn't even brought back juanpong textiles factory back to life, domestic gold program only debt every year, planting for food and job yet there was starvation and no job, exchange rate was worse, inflation was worse than they came to meet.
Where is npp and bawumia pride?
They want to come back for ddep 2, head cut not haircut, unprecedented corruption, exchange rate from 17 to 40 or what?

COMMENT 16 hours ago

THE GOLD RESERVES AT THE BANK OF GHANA

THE GOLD RESERVES AT THE BANK OF GHANA
Promzy 16 hours ago

His vision is the reason why ndc is benefiting from the cedi sustainability not because ndc has done anything special. Sometimes you introduce something to have benefits in the long run but you don't survive to rip the impac ...
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His vision is the reason why ndc is benefiting from the cedi sustainability not because ndc has done anything special. Sometimes you introduce something to have benefits in the long run but you don't survive to rip the impacts. That's vision for our generation and future generations and one thing I like about the white people. They always looking for something that could impact the future generations positively without thinking about themselves
It's the opposite of how black person thinks. This ndc government cannot boast of any policy that has benefited all Ghanaians no matter what your political colours are since the party came into existence. Can anyone name any policy? Even when those with vision are talking ndc still insist it won't work smh.
Kakpaayili Dooo 16 hours ago

Eeeish Ghana Politics is sickening now! Campaign starts the moment power changes hands.

Eeeish Ghana Politics is sickening now! Campaign starts the moment power changes hands.
Kay 15 hours ago

Why always those that not brought any Intervention policy in Ghana but because of Propaganda and Lies is their food think that they can fools Ghanaians always. Don't take Ghanaians for granted. Bawumia is filled with G ...
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Why always those that not brought any Intervention policy in Ghana but because of Propaganda and Lies is their food think that they can fools Ghanaians always. Don't take Ghanaians for granted. Bawumia is filled with God giving Wisdom and Ideas
HAPPY DAYS 14 hours ago

The master plan according to NDC is,if you're in the Korle Lagoon cesspool,drag everybody else into it and the people will not know the difference,this is why the graduates from their insults academy are always bereft of idea ...
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The master plan according to NDC is,if you're in the Korle Lagoon cesspool,drag everybody else into it and the people will not know the difference,this is why the graduates from their insults academy are always bereft of ideas and sound contributions save insults and tribal bigotry.
BigMouth 9 hours ago

Massa stop tickling yourself about being some kind of creative super brain who conjured an out of this world idea about this programme. Russia and China have for decades before Ghana developed gold accumulation policies.
...
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Massa stop tickling yourself about being some kind of creative super brain who conjured an out of this world idea about this programme. Russia and China have for decades before Ghana developed gold accumulation policies.
So this self-adulation about this policy is a joke. It was never a pioneering policy internationally, maybe only in sub-saharan Africa.
Peter 8 hours ago

Bawumia's DGPP failed to strengthen the cedi? Because they operated as localized administrative workarounds rather than broad, mandatory structural demand drivers for the local currency. Bawumia has got some breathing space f ...
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Bawumia's DGPP failed to strengthen the cedi? Because they operated as localized administrative workarounds rather than broad, mandatory structural demand drivers for the local currency. Bawumia has got some breathing space from goldbod so he started making mouth and giving lectures about DGPP again.
Sammino 7 hours ago

Swine? The man Bawumia is a Crack. AKUFFO ADDO said it before.i will definitely vote for him 2028 for a better ghana ⁸

Swine? The man Bawumia is a Crack. AKUFFO ADDO said it before.i will definitely vote for him 2028 for a better ghana ⁸
Kwame Adusei 6 hours ago

Bawumia the Joker has no message. He is jjust wasting our time

Bawumia the Joker has no message. He is jjust wasting our time
Ezron 5 hours ago

Be telling us what you implemented not what you proposed and will propose. You seemed to have proposed everything but nothing to show as a result for 8 good years. I beg, shift

Be telling us what you implemented not what you proposed and will propose. You seemed to have proposed everything but nothing to show as a result for 8 good years. I beg, shift

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Why I proposed Gold-for-Oil and Domestic Gold Purchase Programme - Dr Bawumia reveals

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