Dec 19, 2021

Cabinet paper proposes to sell off gold reserves Featured

It is reported that a Cabinet paper was tabled last week with regard to selling off the country's gold reserves to increase the liquidity level of foreign reserves.

'Mawrata' reports that different views have been expressed by different ministers and it has also been proposed to seek experts' advice on the matter.

Accordingly, a final decision on this has not been taken at the last Cabinet meeting.