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GoldBod $1.1bn reserves: We need to stretch the books to know the true picture – Boako

By GhanaSummary Newsroom1 min read
GoldBod $1.1bn reserves: We need to stretch the books to know the true picture – Boako

Tano North Member of Parliament and Deputy Ranking Member of Parliament’s Finance Committee, Dr Gideon Boako, has called for closer scrutiny of the financial records of the Ghana Gold Board (GoldBod) to establish the true nature of its reported contribution to Ghana’s foreign exchange reserves.871 billion in foreign exchange from its artisanal and small-scale mining gold operations in September 2026, of which US$1.

GoldBod said the new model involves collaboration with commercial banks and other market participants to finance its gold operations while generating foreign exchange for the market and reserve accumulation.

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