Bawumia’s Gold Purchase Programme behind cedi stability, BoG Governor’s responses show – Gideon Boako

The Deputy Ranking Member of Parliament’s Finance Committee, Dr Gideon Boako, has claimed that responses submitted by the Governor of the Bank of Ghana indicate that the Gold Purchase Programme introduced by the previous New Patriotic Party (NPP) administration has contributed to the recent stability of the cedi./“The only and main reason why the Majority in Parliament prevented the Bank of Ghana Governor from speaking on camera to the questions from the Minority today is that his own written responses presented to Parliament had stated that the reason for the stability of the Cedi is because of the Gold Purchase Programme introduced by Dr Mahamudu Bawumia and the NPP government,” he said.

Dr Boako, who is also the MP for Tano North, made the claim in a Facebook post on Wednesday, July 15, following the appearance of the Bank of Ghana Governor before Parliament’s Finance Committee.