Wednesday, 30 September 2026

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Strategy of accumulating foreign reserves, gold carries high fiscal cost – S&P Global

According to the US-based rating agency, although the gold sector is fueling the accumulation of reserves, implementing Ghana Accelerated National Reserves Accumulation Program (GANRAP) will cause the government to incur high local currency costs.

Strategy of accumulating foreign reserves, gold carries high fiscal cost – S&P Global

According to the US-based rating agency, although the gold sector is fueling the accumulation of reserves, implementing Ghana Accelerated National Reserves Accumulation Program (GANRAP) will cause the government to incur high local currency costs.

Read the full story on MyJoyOnline

Source: MyJoyOnline

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