GOLDBOD Bill to regulate gold trade and boost reserves laid in Parliament
Politics
Bernard Ahiafor
Parliament has received the GOLDBOD Bill, 2025, a proposed legislation aimed at enhancing the management of Ghana’s gold resources.
The bill seeks to establish GOLDBOD, a regulatory body responsible for overseeing gold purchases, trade, and exports.
It is also expected to enhance value addition in the gold sector, support the Bank of Ghana’s gold reserves, and generate foreign exchange for the country.
The Ghana Goldbod Bill 2025 was read and laid in Parliament on Wednesday, March 18 with the First Deputy Speaker Bernard Ahiafor president.
The bill has since been referred to the Finance Committee for consideration and report
The bill if passed, will play a crucial role in strengthening Ghana’s position in the global gold market while ensuring efficient management of the country’s mineral wealth.
Stakeholders in the mining and financial sectors are closely monitoring the bill’s progress, as its implementation is expected to have significant economic implications.
Source: Classfmonline.com/Cecil Mensah
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