Economists Raise Concerns Over $1.7 Billion Gold Programme Loss as Ghana Records $2.62 Billion FDI Gains

Economists have raised concerns over an estimated $1.7 billion loss linked to Ghana’s gold purchase programme, even as the country recorded $2.62 billion in foreign direct investment (FDI) gains.

The contrasting figures have sparked fresh debate over Ghana’s gold sector, economic management and investment policies, with analysts examining the impact of the gold programme on the country’s finances and broader economic growth.

The development comes as Ghana continues efforts to attract foreign investment, strengthen the economy, boost gold revenues and improve financial sector performance. Economists say greater transparency and effective management of public funds will be crucial to ensuring that Ghana’s natural resources deliver stronger economic benefits.

Source: newsthemegh.com