The Member of Parliament for Tano North and Deputy Ranking Member on Parliament’s Finance Committee, Dr Gideon Boako, has accused the Majority in Parliament of preventing Ghanaians from hearing what he described as an important admission by the Bank of Ghana Governor on the role of the Gold Purchase Programme in stabilising the cedi.

In a Facebook post on Wednesday, July 15, Dr Boako alleged that the Majority’s decision to stop the Governor of the Bank of Ghana from responding to questions from the Minority on camera was deliberate and aimed at shielding the public from his views on the impact of the programme introduced under the previous government.

“The only and main reason why the Majority in Parliament prevented the Bank of Ghana Governor from speaking on camera to the questions from the Minority today is that his own written responses presented to Parliament had stated that the reason for the stability of the Cedi is because of the Gold Purchase Programme introduced by Dr Mahamudu Bawumia and the NPP government,” he said.

The Tano North MP further claimed that the Majority did not want the public to hear what he described as the Governor’s “honest admission” regarding the contribution of the programme to the country’s economic stability.

“They don’t want the public to hear this honest admission from the Governor. The God of Bawumia is alive,” Dr Boako added.

His comments follow the appearance of the Bank of Ghana Governor before Parliament’s Finance Committee, where discussions focused on key economic issues, including the performance of the cedi and measures to strengthen Ghana’s foreign exchange reserves.

The Gold Purchase Programme, introduced under the previous administration, has been a subject of debate among political actors, with discussions centring on its contribution to foreign exchange stability and the management of Ghana’s reserves.

Majority hiding behind in-camera sitting to control the public narrative in…

Bawumia’s Gold Purchase Programme behind cedi stability – Gideon Boako