The federal government is working with massive mining corporations as a part of its efforts to advance the implementation of the Ghana Accelerated Nationwide Reserve Accumulation Coverage (GANRAP), which goals to strengthen reserves and help a extra secure cedi.
The assembly was co-chaired by the Minister of Finance, Dr. Cassiel Ato Forson, and the Minister of Lands and Pure Sources, Mr. Emmanuel Alma Kofi Buah, and introduced collectively key stakeholders from throughout the mining worth chain.
Talking on the convention, Dr Forson stated the coverage focuses on strengthening Ghana’s exterior buffers by way of a reformed gold acquisition framework, alongside stronger compliance mechanisms.
“Our focus is to strengthen reserves and help a extra secure cedi,” he stated.
He defined that underneath GANRAP, the federal government is engaged on focused reforms to enhance the gold acquisition course of, whereas guaranteeing compliance with regulatory necessities and enhanced oversight.
The assembly was attended by leaders of enormous mining corporations, Ghana Gold Board CEO Sammy Gyamfi, and Minerals Fee officers.
Dr Forson stated the discussions have been constructive and harassed that the coverage was being carried out in partnership with {industry}.
“This can be a partnership. It isn’t anti-industry. It is pro-country,” he stated.
GANRAP kinds a central component of the federal government’s technique to construct a stronger reserve place, cut back vulnerability to exterior shocks and enhance medium-term foreign money stability.
