Finance Minister, Cassiel Ato Forson PhD, has hailed the passing the Gold Board Bill.
According to him, GoldBod is set to revolutionize the gold industry by regulating operations, stabilizing the cedi, and maximizing revenue from our gold exports.
He explained that over the years Ghana earns significant foreign exchange from gold, yet the full benefits of this valuable resource have remained limited, often at a great environmental cost.
However, GoldBod will change this by ensuring Ghana harnesses the entire gold value chain: from extraction to refining, value addition, and marketing, both locally and internationally. This will create jobs, increase revenue, and ensure that Ghana fully benefits from its natural wealth.
The Minister who made this known in a post shared via social media said “I am thrilled to announce that the GoldBod Bill has been officially passed, marking a transformative moment in Ghana’s economic history! The GoldBod is set to revolutionize the gold industry by regulating operations, stabilizing the cedi, and maximizing revenue from our gold exports. Ghana earns significant foreign exchange from gold, yet the full benefits of this valuable resource have remained limited, often at a great environmental cost. The GoldBod will change this by ensuring Ghana harnesses the entire gold value chain: from extraction to refining, value addition, and marketing, both locally and internationally. This will create jobs, increase revenue, and ensure that Ghana fully benefits from its natural wealth. This is a great step towards a stronger, more self-sufficient economy. The future of Ghana’s gold industry has never been brighter!”.
