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GoldBod ‘losses’ have helped stabilise Cedi, contain inflation – Mahama Ayariga

By GhanaSummary Newsroom1 min read
GoldBod ‘losses’ have helped stabilise Cedi, contain inflation – Mahama Ayariga

Outgoing Majority Leader in Parliament, Mahama Ayariga, has rejected claims that the financial costs associated with the Ghana Gold Board (GoldBod) amount to losses that undermine the government’s economic management.

Mr Ayariga argued that the increased costs recorded under the Domestic Gold Purchase Programme (DGPP) must be assessed against the wider economic benefits of the policy, particularly its contribution to the stability of the cedi and the moderation of inflation.

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