{"id":484645,"date":"2026-03-19T21:02:08","date_gmt":"2026-03-19T21:02:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/484645\/"},"modified":"2026-03-19T21:02:08","modified_gmt":"2026-03-19T21:02:08","slug":"dgpp-is-the-reason-why-we-are-enjoying-economic-stability-today","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/484645\/","title":{"rendered":"‘DGPP is the reason why we are enjoying economic stability today’"},"content":{"rendered":"

\"Samuel <\/a>Samuel Abdulai Jinapor is the Ranking Member on Parliament’s Foreign Affairs Committee<\/p>\n

Ranking Member on Parliament<\/a>\u2019s Foreign Affairs Committee, Samuel Abdulai Jinapor, has attributed the current economic stability to the Domestic Gold Purchase Programme (DGPP) introduced under the erstwhile Nana Akufo-Addo administration.<\/p>\n

Speaking on Channel One TV\u2019s The Point of View on Wednesday, March 18, 2026, Jinapor noted that policies implemented by the previous government have positioned the John Dramani Mahama<\/a> administration to better withstand emerging geopolitical tensions, particularly the ongoing conflict in the Middle East.<\/p>\n

According to him, the Domestic Gold Purchase Programme has played a crucial role in boosting Ghana\u2019s gold reserves while serving as a stabilising force for the cedi.<\/p>\n

Ghana’s GDP per capita rises by 18.6% in 2025 \u2013 GSS<\/a><\/p>\n

\u201cNational Democratic Congress inherited [policies] that made its current economy better. A lot of what is happening with our economy, national currency, the cedi, is directly as a result of the Domestic Gold Purchase Programme. The Domestic Gold Purchase Programme is the anchor on which the stability and sustainability that we\u2019re enjoying today is taking place,\u201d he stated.<\/p>\n

Jinapor further explained that prior to the introduction of the programme, the Central Bank did not actively maintain gold reserves as part of its policy framework.<\/p>\n

\u201cAt the time the programme was introduced, we didn\u2019t have a policy of Gold Reserves by the central bank. When the programme was introduced, we began to use gold as a tool for stabilising our national currency and intervening in our national economy. This is why it has led us to increase our gold reserves significantly. GoldBod, if well implemented, I believe, will help us a great deal. During geopolitical turmoil like this, the safest commodity is gold,\u201d he said.<\/p>\n

SO\/VPO<\/p>\n","protected":false},"excerpt":{"rendered":"Samuel Abdulai Jinapor is the Ranking Member on Parliament’s Foreign Affairs Committee Ranking Member on Parliament\u2019s Foreign Affairs…\n","protected":false},"author":2,"featured_media":484646,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-484645","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/484645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=484645"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/484645\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/484646"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=484645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=484645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=484645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}