Ghana news briefing
BoG, GoldBod finalising new financing model to reduce pressure on central bank balance sheet
The Bank of Ghana (BoG) and the Ghana Gold Board (GoldBod) are finalising a new financing arrangement aimed at supporting the country's gold purchasing programme while reducing pressure on the central bank's balance sheet.
The comments suggest the central bank is seeking a more sustainable funding model for GoldBod's operations as Ghana expands its domestic gold purchasing programme.
According to the Governor, regardless of the financing option eventually adopted, the Bank of Ghana will continue to play a role in supporting the country's gold accumulation programme.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
Original sources
1 reportsMore stories
View all news
Bank of Ghana holds policy rate at 14 per cent
MTN GHANA REAFFIRMS COMMITMENT TO EMPOWERING COMMUNITIES THROUGH CONNECTIVITY AND COLLABORATION
Canada’s ‘powerful’ dairy sector is in Trump’s trade crosshairs
Salma Chief backs government to revoke mining leases of Adamus Resources permanently
Foden signs new four-year Man City contract
Old Wealth, New Rules: The Battle Over Power and Justice in Kazakhstan
Don’t stop here