Strategy of accumulating foreign reserves, gold carries high fiscal cost

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Strategy of accumulating foreign reserves, gold carries high fiscal cost – S&P Global - MyJoyOnline

According to the US-based rating agency, although the gold sector is fueling the accumulation of reserves, implementing Ghana Accelerated National Reserves Accumulation Program (GANRAP) will cause the government to incur high local currency costs.

Weak institutional arrangements, high debt servicing constrain Ghana’s rating – S&P - MyJoyOnline

https://www.myjoyonline.com/weak-institutional-arrangements-high-debt-servicing-constrain-ghanas-rating-sp/

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Strategy of accumulating foreign reserves, gold carries high fiscal cost – S&P Global - MyJoyOnline

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Weak institutional arrangements, high debt servicing constrain Ghana’s rating – S&P - MyJoyOnline