{
  "id": 18342067,
  "title": "Bawumia urges government to prioritise gold reserves over trading",
  "url": "https://urgent.news/2026/11/05/bawumia-urges-government-to-prioritise-gold-reserves-over-trading",
  "topic": "world",
  "section": "World",
  "published": "2026-11-05T16:37:23.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/bawumia-urges-government-to-prioritise-gold-reserves-over-trading/"
  },
  "original_language": "en",
  "account": "Dr Mahamudu Bawumia, the New Patriotic Party's (NPP) presidential candidate, urged the government to prioritize Ghana's gold reserves over trading in the commodity. He criticized the Bank of Ghana's decision to trade part of its gold holdings, which resulted in a loss of GH¢1.7 billion. Bawumia argued that the Gold for Reserves programme should have been implemented with the goal of accumulating gold to strengthen the country's reserves. At a town hall meeting in Tokyo, Japan, he emphasized that the programme should focus on building the country's gold reserves rather than trading in the commodity. He stated that if the Gold for Reserves programme had been executed with the intention of accumulating reserves, those losses could have been avoided. Instead, trading in gold led to significant financial losses.\n\nBawumia defended his campaign focus on digitalization ahead of the 2024 general elections. He dismissed accusations that he had avoided discussing economic issues during the election period. The NPP flagbearer explained that his emphasis on digitalization was driven by the increasing importance of technology in the global economy and the need for countries to establish the necessary digital infrastructure to compete. He stressed the critical role of digital infrastructure in economic growth, warning that nations that fail to adapt to the changing global economy risk falling behind. Bawumia warned that countries that neglect digital transformation will not be able to prosper in the current global economy and will be left behind.",
  "summary": "New Patriotic Party (NPP) flagbearer Dr Mahamudu Bawumia has called on the government to focus on building Ghana’s gold reserves rather than trading in the commodity, arguing that the Bank of Ghana’s decision to trade part of its gold holdings resulted in losses of GH¢1.7 billion.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}