Audio By Carbonatix
The ASM G4R programme was designed to support Ghana’s foreign exchange reserves by formalising gold trade and curbing smuggling.
While it comes with some cost to the central bank, it has delivered significant macroeconomic benefits, including improved reserve buffers, greater foreign exchange liquidity and macroeconomic stability, and restored public confidence in the economy.
The goal has always been national economic stability, not profit.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Stability over vengeance – Prof Agyeman-Duah backs Mahama’s handling of OSP petition
11 minutes -
Ten found guilty of cyber-bullying Brigitte Macron
42 minutes -
Snow and ice hit UK road and rail travel with schools forced to shut
56 minutes -
ZEN Petroleum Ltd appoints former Cal Bank MD Frank Adu as Board Chair
1 hour -
Delcy Rodriguez formally sworn in as Venezuela’s interim president
2 hours -
UK asks X about reports its Grok AI makes sexualised images of children
2 hours -
Nigeria cruise past Mozambique into AFCON quarter-finals
2 hours -
Man City increase interest in Palace captain Guehi
2 hours -
Man City’s Gvardiol to have surgery on broken shinbone
2 hours -
NPA CEO visits Sentuo Refinery, commends role in downstream sector
2 hours -
Carbon border tax may hurt developing countries, says CSE
3 hours -
Photos: Mahama joins GNAT at 54th National Delegates Conference
3 hours -
ICAG appoints Eric Oduro Osae as CEO
4 hours -
Video of journalist assault ‘horrendous’, shows height of indiscipline – WAES Interim President
4 hours -
Volta Regional NPP hands over refurbished office to Ho Central constituency
4 hours