The ASM G4R programme was designed to support Ghana’s foreign exchange reserves by formalising gold trade and curbing smuggling.
While it comes with some cost to the central bank, it has delivered significant macroeconomic benefits, including improved reserve buffers, greater foreign exchange liquidity and macroeconomic stability, and restored public confidence in the economy.
The goal has always been national economic stability, not profit.
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Source: www.myjoyonline.com
