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Ghana piloted 21st Century Gold Standard under Bawumia – Gideon Boako

By GhanaSummary Newsroom1 min read
Ghana piloted 21st Century Gold Standard under Bawumia – Gideon Boako

Read his statement below The gboako Economic Digest - #003/26 THE BRETTON WOODS IS FRAYING: GHANA BUILT A BRIDGE The Bawumia Doctrine of Gold-Backed Stability The Bretton Woods (International Monetary Fund and World Bank Group) order is fraying.

Gideon Boako is the Member of Parliament for Tano North and a former aide to Dr Bawumia Former Vice President Dr Mahamudu Bawumia’s monetary policies helped position Ghana as a pioneer of what could become a new gold-backed financial model, according to economist Gideon Boako.

According to Boako, Ghana’s gold reserves increased from 8 tonnes to more than 31 tonnes, while gross international reserves surpassed $9 billion by the end of 2024.

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