Ghana Moves to Combat Gold Smuggling and Boost Economic Revitalization

Ghana Moves to Combat Gold Smuggling and Boost Economic Revitalization

Leadership of the Ghana Association of Forex Bureau paid a courtesy call on Sammy Gyamfi, Acting Managing Director of the Precious Minerals Marketing Company (PMMC), on Tuesday, February 25. Apexnewsgh reports

The meeting explored the possibility of a partnership between the two agencies to combat gold smuggling and stabilize the national currency.

According to Sammy Gyamfi, the discussion was insightful and fruitful, with both parties agreeing to further engage and seek collaboration from the Bank of Ghana and Finance Ministry. This partnership aims to revitalize Ghana’s economy, which is a top priority for President John Dramani Mahama.

In a related development, the technical committee tasked with establishing the Ghana Gold Board continues to engage stakeholders. The committee, led by Sammy Gyamfi, is working to develop a legal and operational framework for the Board, which will regulate and oversee Ghana’s gold marketing industry.

The Ghana Gold Board is expected to play a critical role in economic revitalization by resetting the gold marketing industry, promoting transparency, and ensuring ethical gold trade. The Board will also support small-scale miners and boost revenue for the government.

With the establishment of the Ghana Gold Board, Ghana is poised to transform its gold industry, promote economic growth, and strengthen its national currency.

Source: Apexnewsgh.com

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