Video yükleniyor...

Video Yüklenemedi

Ana Sayfaya Dön

“We want them to maintain price stability as their primary objective.” — Dr Adrian Alter, IMF Resident Representative to Ghana, says the Bank of Ghana must avoid quasi-fiscal activities that could weaken its balance sheet and interfere with its price stability mandate amid the GoldBod $1.7 bn loss saga....

23,930 görüntüleme • 1 ay önce •via X (Twitter)

18 Yorum

MILLS1™ profil fotoğrafı
MILLS1™1 ay önce

Is the IMF the standard tool for measuring Ghana's economy, what all is the issue with IMf this IMF that. Do IMF has Ghana as a nation at heart.

Sollo profil fotoğrafı
Sollo1 ay önce

Still want to report it as "amid the $1.7b Goldbod losses" when he's clearly talking about the BoG?It's the media that has entertained NPP on this matter.We should be talking about measures the BoG can take to reduce these losses and also look at the gains made 4rm the policy

Realist says: profil fotoğrafı
Realist says:1 ay önce

Do you think IMF has the interest of Ghana at heart? iMF is doing this for their own gain. Ghana must take bold steps to be truly independent. Nothing good comes free.

Śtätesmån🇬🇭🇨🇦🇪🇺 profil fotoğrafı
Śtätesmån🇬🇭🇨🇦🇪🇺1 ay önce

I don’t which business competitor you’ll go to and he’ll tell you the truth. The IMF wishes that we engage them again and they know exactly why to do or say for us to fall into it. BE WISE, MINORITY.

Kpevi Tsatsaklitsa profil fotoğrafı
Kpevi Tsatsaklitsa1 ay önce

Why is the IMF dictating to us what our central banks should do. Why are they not advising the US who owe them trillions of dollars. Why are they always poking their noses in our issues. Why do we give them so much importance when all they do is destroy our economy.

Baiano LFChampions profil fotoğrafı
Baiano LFChampions1 ay önce

I thought we have settled our debts with IMF. why can’t they leave us alone. They can’t stand an independent African country.

Maame Esi profil fotoğrafı
Maame Esi1 ay önce

Didn’t NPP people tell us that Bawumia’s idea was the brought the Gold for oil and the Domestic Gold Purchase Program?

Yussif Mohammed profil fotoğrafı
Yussif Mohammed1 ay önce

Tell him, we wont dance to their tune. Y3n tie Obia.

Yve Dave profil fotoğrafı
Yve Dave1 ay önce

All of a sudden Ghana's ingenuity to hold its currency high is creating problems for the almighty IMF. Leave Ghana alone to do what is best suited for Ghanaians.

Maximus De Griffin profil fotoğrafı
Maximus De Griffin1 ay önce

Does Ghana belongs to imf? Nkwasiasem

🔱Og🦉ThatStoic🖖🏾 profil fotoğrafı
🔱Og🦉ThatStoic🖖🏾1 ay önce

The ndc is not capable of managing its own economy affairs 😡😡‼️A government which can’t provide accountability to the governed 😭🤦🏾💔👎🏾

Rockshells ÑañåKoFi ⏱ profil fotoğrafı
Rockshells ÑañåKoFi ⏱1 ay önce

No independent country depend on imf

FAN U.S.A. profil fotoğrafı
FAN U.S.A.1 ay önce

And the Bank of Ghana should also get out of the Goldbod board in order to focus on their mandate and also to be independent of the Goldbod. About a couple weeks ago, I suggested Goldbod to finance their own operations by going to the financial market, and I'm happy IMF agreed

Great-Sage profil fotoğrafı
Great-Sage1 ay önce

This is what I call foreign interference.

Africa1st profil fotoğrafı
Africa1st1 ay önce

Why on earth is the IMF lecturing Ghana on how to manage it economic affairs? The IMF and the WORLD BANK are neocolonial economic institutions with a core mandate of hindering economic growth of global south developments

K Bonsam profil fotoğrafı
K Bonsam1 ay önce

@grok summarize the whole video

Carlos Verla profil fotoğrafı
Carlos Verla1 ay önce

Africa must wise up. Do not depend on IMF. They are dangerous organization

bLAKKA profil fotoğrafı
bLAKKA1 ay önce

We are all here screaming wtf IMF wants with us: wise always seeks wisdom.

Benzer Videolar

Since this GoldBod conversation refuses to go away, I joined Eric Mawuena Egbeta on #TV3GH some minutes ago to discuss it. There are factual claims that can be made, and there are inferences that can be drawn from those facts. Here are the facts: - No one can dispute the fact that the domestic gold purchasing programme helped build Ghana’s reserves and had downstream impacts on the economy, but also incurred significant losses. - No one can dispute the fact that GoldBod played a significant role in helping the Bank of Ghana implement the programme. - It is a fact that GoldBod’s financial statements do not show any of those losses. - It is also a fact that the ASM component of the DGPP was the largest component, and that is where the losses occurred. It is also the part of the programme where GoldBod predominantly operated. However, when you disaggregate the losses, the largest component came from the exchange rate at which the gold was purchased versus the exchange rate at which the resulting dollars were sold or translated. Because GoldBod purchased the gold and had to use pricing incentives (bonuses) to compete with smugglers, some of the losses can be traced to its operations. Those losses do not appear in its financial statements because GoldBod operated as an agent of the Bank of Ghana and essentially earned fees for providing the service. The government itself recognises that the losses are unsustainable, which is why it is planning to reduce the cost from around 15% to 5%. The most important issue going forward is that GoldBod now has control over the entire value chain. The conversation therefore has to be about how it can operate the chain sustainably without becoming a burden on the budget. Most importantly, how does Ghana generate meaningful fiscal revenue from the small-scale mining sector to support our development needs? And how do we do all of this while fighting galamsey and protecting our rivers and forests? We should be able to discuss these issues dispassionately without turning every question about GoldBod and reserve accumulation into a partisan argument.

Alfred

16,133 görüntüleme • 1 ay önce

This part of the Alberta - Mark Carney MOU that drives up the real cost of compliance, which Carney boasts will increase by 6x. "In its core, is tightening the TIER system which is the industrial carbon tax price system here in Alberta...it means more than 6 times increase in the price of industrial price of carbon from its effective level." Effective Price is the actual number that hits the operating expense the hardest and impacts the balance sheet. I guarantee you every company's accounting department are now doing calculations and any future investment decision in Alberta will have this in their decision-making. The MOU's whole point on the industrial carbon tax is the convergence of the Headline Price-Effective Price-Floor Price. This is what ensures that companies pay the highest costs, with a slight gap for functional gap to trade credits. With the reduction in the "free" emissions allowance by 2% annually, creates a double whammy that has significant and mandatory increase in the cost of doing business in Alberta. This is the foundational part of the financial engineering mechanism behind carbon trade based system the Mark Carney has been drooling to implement for years. Every dollar on this doesn't go towards company's core business; such as drilling, doesn't go towards paying down debt or returning capital to shareholders. It forces companies to spend $ and send $ to projects that may be completely uneconomical and less productive, such as Carbon Capture etc. UCP just agreed to the biggest cost increase and red tape for our industries in Alberta's history.

Kirk Lubimov

19,211 görüntüleme • 4 ay önce