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Analysis: How GoldBod’s operations led to a $214 million loss at the BoG

The IMF has confirmed that the Bank of Ghana has incurred some losses through the Gold for Reserves programme implemented via the Ghana Gold Board.  In its 5th review of Ghana’s ongoing IMF programme, the Fund disclosed that losses from the artisanal and small scale doré gold transactions under the programme had reached $214 million […]


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