27 Aug•4 min read
Domestic Gold Purchase Programme: 'US$1.7bn loss is largely a book issue' - IEA
Summary
A closer look at the Bank of Ghana's gold purchase program reveals that reported losses might be more about how the numbers are crunched than actual
The Institute of Economic Affairs (IEA) has clarified that a substantial portion of the US$1.7 billion loss reported in connection with the Bank of