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Ghana Earmarks $429 Million to Buy Gold, Shifting Fiscal Risks

Ghana has allocated 5 billion cedis ($429 million) to finance gold purchases that boost its foreign-exchange reserves after shifting the program from the central bank to the government, potentially increasing fiscal risks.

Ghana Earmarks $429 Million to Buy Gold, Shifting Fiscal Risks

Ghana has allocated 5 billion cedis ($429 million) to finance gold purchases that boost its foreign-exchange reserves after shifting the program from the central bank to the government, potentially increasing fiscal risks.

Macro Bloomberg Jul 28, 2026

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