The Ghana Gold Board has exceeded its 2025 small-scale gold export target, surpassing 100 tons and generating more than $10 billion in foreign exchange for the country.
In a statement, CEO Sammy Gyamfi called the achievement “unprecedented,” emphasizing its importance for the national economy. "The fact that the Gold Board has surpassed its set target reflects the strength of our gold sector and its potential to significantly boost the country's foreign exchange earnings," Gyamfi remarked.
The Ghana Gold Board, a statutory body under the Ministry of Finance, regulates the buying, selling, and export of gold within the country. It ensures that locally produced gold is sold through formal channels, thereby protecting small-scale miners and increasing government revenue.
Additionally, the Board monitors gold quality and weights, ensuring adherence to both domestic and international trade standards.
“Regulatory bodies like the Ghana Gold Board play a crucial role in ensuring transparency and effective operation, which ultimately benefits the country,” Gyamfi concluded.
Source: MyNewsGh.com
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