Ghana news briefing
When Gold makes a Profit here and a Loss there…
By GhanaSummary Newsroom1 min read
Here, gold can apparently make a profit in one office and a loss in the next, with everybody holding respectable documents to prove that the arithmetic is innocent.
Meanwhile, the ordinary Ghanaian is left asking how we found the gold, bought it, sold it, earned the dollars, strengthened the reserves, recorded the surplus...
The confusion began after the IMF reported that Ghana’s Domestic Gold Purchase Programme contributed to Bank of Ghana losses equivalent to about *1.
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