At the 77th Annual New Year School held at the University of Ghana on Tuesday, January 6, the Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, outlined a forward-looking strategy to enhance the country’s Domestic Gold Purchase Programme (DGPP).
Addressing a diverse audience of experts, policymakers, and practitioners, Dr. Asiama revealed that the Central Bank, in collaboration with GoldBod and the Ministry of Finance, will soon organise a targeted policy workshop. The aim is to assess and refine the DGPP, drawing on global best practices to ensure the programme’s continued relevance and effectiveness.
Dr. Asiama explained that the DGPP was launched at a time of considerable economic strain, but has since played a pivotal role in restoring confidence in Ghana’s economic outlook. “Arguably, the institutional role of the GoldBod has strengthened coordination across the value chain, while the introduction of a gold FX auction mechanism has enabled more structured and transparent intermediation of gold-related foreign exchange flows,” he noted.
Looking ahead, Dr. Asiama called for the G4R programme to be firmly anchored within the broader framework of the Government of Ghana, emphasizing that responsibility for its sustainability should be shared across various institutions. He urged for informed debate, evidence-based analysis, and diverse perspectives on the DGPP, highlighting its status as a national priority.
The planned workshop is set to bring together leading minds to chart a sustainable path for Ghana’s gold sector, ensuring that the DGPP continues to serve the country’s economic needs in line with international standards.
Source: Apexnewsgh.com
