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A new national strategy aimed at bolstering Ghana’s external reserves includes plans for the Ghana Gold Board to purchase up to 127 tonnes of gold each year from small-scale and artisanal miners, according to Finance Minister Cassiel Ato Forson.
While introducing what he called the nation’s first comprehensive reserves-building policy in front of the Ghanaian Parliament, Dr. Forson stated that the initiative’s goals are to protect the economy and guarantee steady participation in the gold market.
The Finance Minister said that one of the most important things is to give the Gold Board enough money so that it can buy gold from local miners on a regular basis.
Source: newsthemegh.com