Sammy Gyamfi Engages Key Stakeholders on GOLDBOD Framework to Stabilize Exchange Rate
In a bold step towards stabilizing the exchange rate, lawyer Sammy Gyamfi has reached out to key players in the industry to discuss the operational framework of the upcoming Ghana Gold Board (GOLDBOD).
Guided by the Minister of Finance and the Governor of the Bank of Ghana (BoG), Gyamfi held talks with leaders from the Ghana Chamber of Bulk Oil Distributors (CBOD), the Ghana Association of Forex Bureaux (GAFORB) and representatives from the Financial Markets and Other Financial Institutions Departments at the BoG.
The conversations centered around how GOLDBOD, CBOD, GAFORB and the central bank can work together to support President John Mahama’s vision for stabilizing the nation’s currency.
“We plan to keep these strategic discussions going to build strong partnerships with all stakeholders and achieve the goals of GOLDBOD,” Gyamfi remarked after the meeting.
The creation of GOLDBOD is anticipated to be pivotal in harnessing Ghana’s gold resources to positively impact forex markets and help mitigate the ongoing depreciation of the cedi.