09
Apr
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, reaffirmed his strong support for the government’s Gold for Oil policy, emphasizing its crucial role in bolstering the nation’s economy during challenging times. Addressing the Public Accounts Committee (PAC) on Monday, April 8, 2024, Dr. Addison commended the initiative for its significant contributions to stabilizing fuel prices amidst economic uncertainties. Dr. Addison explained that the Gold for Oil programme has been instrumental in mitigating the impact of economic downturns, particularly in stabilizing fuel prices. He revealed that discussions are underway to transition the programme to a commercial bank, allowing…