Should BoG's gold purchase programme be judged by profits or economic stability?

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Richard Dela 6 hours ago

If BOG is at fault then why is the dollar still stabilized!
IMF are thieves they are afraid we won’t come to them again

If BOG is at fault then why is the dollar still stabilized!
IMF are thieves they are afraid we won’t come to them again
RENA 2 hours ago

I think we are getting the issues wrong in so many ways.
Is is possible to get this stability without losing the 22Billion cedis? Yes if we improve the operations.
The report stated that the discounts given, different excha ...
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I think we are getting the issues wrong in so many ways.
Is is possible to get this stability without losing the 22Billion cedis? Yes if we improve the operations.
The report stated that the discounts given, different exchange rates used by the Bank of Ghana among others accounted for the 22 Billion losses.
This could have been reduced to 10 Billion or something.
The 22 Billion is only the financial loss. We havent quantified the environmental cost of the gold that was purchased. This has health, safety and other related costs.
So let us do a holistic analysis of the program.DWEN HWE KANN
Boss 5 hours ago

I certainly agree on assessing against all indices including exports, sustainability, governance and accountability, mining sector outcomes such as environmental impact etc in addition to your economic stability. Otherwise, w ...
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I certainly agree on assessing against all indices including exports, sustainability, governance and accountability, mining sector outcomes such as environmental impact etc in addition to your economic stability. Otherwise, what you have presented is a myopic view to support the program.
Cka 1 hour ago

Sometimes we the uneducated are left baffling about all this nonsensical analysis where business is done without the objective of making profit

Sometimes we the uneducated are left baffling about all this nonsensical analysis where business is done without the objective of making profit

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Should BoG's gold purchase programme be judged by profits or economic stability?

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