GoldBod’s audited accounts contradict Afenyo-Markin’s ‘huge losses’ claim – Institute for Economic and Fiscal Policy Governance

8 billion in gold-export receipts, becoming one of Ghana’s largest sources of foreign exchange.8 billion through international borrowing at an assumed interest rate of between 7 per cent and 10 per cent, the country could have faced annual interest costs of between approximately US$756 million and US$1.55 billion in unutilised government seed capital or subvention provided to support GoldBod’s gold-purchasing, trading and export operations.