Ghana's Domestic Gold Purchase Programme under scrutiny after Bank of Ghana exit

Following the Bank of Ghana's exit from the Gold Programme, GoldBod now bears all risks, while officials defend the programme and credit Vice President Bawumia as its originator, prompting calls for an audit.

1 Sept, 08:24 — 1 Sept, 08:24

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myjoyonlineMixed1d ago

GoldBod now owns all the risk: What the Bank of Ghana’s exit from the Gold Programme really means

For the first time since 2021, the Bank of Ghana is no longer in the gold-buying business. In July 2026, the central bank, GoldBod, and the government signed a memorandum of understanding formally transferring Ghana's Domestic Gold Purchase Programme (DGPP) and every quasi-fiscal risk that comes with it entirely to the Ghana Gold Board

By Isaac Agyei

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Ghana's Domestic Gold Purchase Programme under scrutiny after Bank of Ghana exit

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GoldBod now owns all the risk: What the Bank of Ghana’s exit from the Gold Programme really means

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