Politics
Ghana Made $1.9 Billion Loss on Gold Purchases in 2025, IMF Says
Key Points
Ghana Made $1.9 Billion Loss on Gold Purchases in 2025, IMF Says Ghana’s central bank incurred losses of 22 billion cedis ($1.9 billion) in 2025 under a domestic gold purchase program aimed at boosting the country’s foreign-exchange reserves. The losses stemmed from service fees, assay charges and trading margins, according to an International Monetary Fund report.
Ghana Made $1.9 Billion Loss on Gold Purchases in 2025, IMF Says
Ghana’s central bank incurred losses of 22 billion cedis ($1.9 billion) in 2025 under a domestic gold purchase program aimed at boosting the country’s foreign-exchange reserves.
The losses stemmed from service fees, assay charges and trading margins, according to an International Monetary Fund report.