IMF Report Reveals Bank of Ghana's $1.7 Billion Gold Purchase Losses

BoG’s gold purchase programme involving GoldBod lost GH¢22bn in 2025, IMF says

The Bank of Ghana's domestic gold-buying scheme run in tandem with the state-owned Ghana Gold Board racked up losses of GH¢22 billion, equivalent to 1.5% of gross domestic product, in a single year, the International Monetary Fund said, a figure far larger than earlier estimates that had already stirred political controversy.

By Isaac Agyei