Saturday June 28, 2025

Experts Question Ghana VP’s Gold-Backed Currency Pledge

Experts Question Ghana VP’s Gold-Backed Currency Pledge

by Terence Zimwara August 21, 2024 1 min read

(Originally posted on : Bitcoin News )

A Ghanaian banking consultant, Richmond Atuahene, has expressed concerns about Vice President Mahamudu Bawumia’s pledge to back the cedi with gold. Atuahene believes Ghana needs a stable economic environment before implementing this policy. John Gatsi, a dean at the University of Cape Coast School of Business, warns that backing the cedi with gold alone will […]

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