The IMF Again? GH¢22 BILLION LOST ON GOLD! Opposition Supports — But GoldBod Says NO! Shows Proof
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The IMF Again? GH¢22 BILLION LOST ON GOLD! Opposition Supports — But GoldBod Says NO! Shows Proof
191 просмотр · 2 недели назад
Inside Studios Network
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191 просмотр · 2 недели назад
GH¢22 BILLION LOST ON GOLD — OR IS THE STORY MORE COMPLICATED?
Ghana’s Domestic Gold Purchase Programme has triggered a major political and economic controversy.
The IMF says the programme generated losses of about GH¢22 billion (US$1.7 billion), equivalent to 1.5% of GDP, in 2025. But GoldBod’s audited 2025 financial statements report an overall surplus of GH¢5.44 billion and an operational surplus of about GH¢909.7 million.
So what is actually happening?
This video examines the critical distinction between the Bank of Ghana’s losses under the Domestic Gold Purchase Programme and GoldBod’s own audited financial performance.
The IMF also acknowledged that the gold programme helped strengthen Ghana’s international reserves and reduce pressure on the foreign-exchange market. At the same time, it warned that the programme weakened the Bank of Ghana’s balance sheet.
The question Ghanaians deserve answered is simple:
What was the true economic cost of the programme, who ultimately bore that cost, and was the benefit worth it?
This is not about defending GoldBod or attacking the Minority. It is about following the evidence.
Sources: IMF Ghana 2026 Article IV/ECF reports; Ghana Gold Board 2025 audited financial statements; Bank of Ghana statements; parliamentary/public commentary.
IMF Ghana 2026 Country Report
GoldBod 2025 Audited Financial Statements
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