BoG, GoldBod finalising new financing model to reduce pressure on central bank balance sheet

The Bank of Ghana (BoG) and the Ghana Gold Board (GoldBod) are finalising a new financing arrangement aimed at supporting the country’s gold purchasing programme while reducing pressure on the central bank’s balance sheet. Speaking after the Monetary Policy Committee (MPC) meeting, Bank of Ghana Governor Dr. Johnson Pandit Asiama said discussions with GoldBod are…