Thursday, September 19, 2024
Google search engine
HomeNewsBurkina Faso Ends Gold Exports, Backs Currency with Gold

Burkina Faso Ends Gold Exports, Backs Currency with Gold

#Zulum238Projects #Term2 Focus: Education (54 Projects) Zulum's 5th year in office, consolidating on sterling 4 years of the first tenure. “1,195 Projects and Counting.” Series on 238 projects in the first year of the second tenure of Governor Zulum.

In a bold move to bolster national pride and economic independence, Burkina Faso President Ibrahim Traore announced the cessation of gold exports for foreign processing.

Henceforth, the nation’s vast gold reserves will be utilized to back its currency, marking a new era of financial sovereignty.

Google search engine
See also  Stop wasteful spendings amid economic hardship, CISLAC tells apex Bank

This historic decision aims to transform Burkina Faso’s economic landscape and empower its people with newfound wealth and stability.

About The Author

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular