Prof. Steve Hanke

Ghana’s Gold For Oil Plan Not Bogus- Chairman Wontumi Stings Prof. Hanke

Ghana’s Gold For Oil Plan Not Bogus- Chairman Wontumi Stings Prof. Hanke

The Ashanti Regional Chairman for the New Patriotic Party (NPP), Mr. Bernard Antwi-Boasikao has taken a swipe at Prof. Steve Hanke for rubbishing plans by the government of Ghana to use gold to purchase oil in the future. Mr. Bernard Antwi-Boasiako popularly known as Chairman Wontumi told Wontumionline.com that the plan is a laudable one  noting that a reason fuel prices increased astronomically in Ghana within 2022, was because the cedi depreciated by over 50%. Steve H. Hanke, has described as “bogus” government’s announcement of a new policy of buying oil products with gold rather than U.S. dollars. But Chairman…
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