Hands off our gold, says National Bank of Belgium
Central bank rejects politicians’ calls to use bullion to pay for defence
The National Bank of Belgium has signalled that politicians should not think about selling any of its 227 tonnes of gold to pay for increased defence spending.
In a press release yesterday (March 19), the bank reaffirmed its control over Belgium’s gold reserves, which it said existed “for the accomplishment of the public interest tasks” entrusted to it.
It added that the bank’s board of directors was “empowered to take decisions regarding the management of foreign reserve assets and does so with
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