Questions mount over Bank of Ghana's involvement in airlift of $3m football bonus

Experts suggest central bank was aware of government operation

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The Ghanaian government's decision last week to fly $3 million in cash to Brazil to pay the bonuses of national footballers playing in the World Cup has raised questions about the Bank of Ghana's (BoG) involvement amid the strict foreign exchange controls imposed on residents by the bank in February.

While there is no evidence that the central bank directly facilitated the operation, which surpassed the amount of forex that can be transferred outside the country by a substantial margin, experts

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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