In a meeting with Canadian High Commissioner Her Excellency Myriam Montrat, Finance Minister Dr. Cassiel Ato Forson emphasized Ghana’s focus on food security and economic stability. With over a million Ghanaians at risk of food insecurity due to rising prices, Dr. Forson stressed the need for collaborative efforts to address this national priority. The Goldbod initiative, aimed at improving gold export tracking, stabilizing the cedi, increasing foreign exchange inflows, and creating jobs, was also highlighted as a transformative project.
The Goldbod initiative seeks to formalize small-scale gold trading, improve traceability, and strengthen Ghana’s international market position. By overseeing the entire gold value chain, the Ghana Gold Board will manage the full process, from mining and refining to exporting, boosting local value creation and attracting investment to drive economic growth.
Dr. Forson expressed confidence in the Goldbod initiative, stating it would soon be fully operational and deliver long-term stability and inclusive growth. Ghana’s commitment to the International Monetary Fund (IMF) program was also reaffirmed, with corrective actions taken to address structural slippages inherited from the previous administration.
The meeting concluded with an emphasis on international cooperation, with Canada’s support in agricultural modernization and resource management expected to complement Ghana’s domestic efforts to stabilize the economy and achieve food security. By deepening bilateral ties, both parties aim to foster mutual growth and resilience.
Source: Ruth ADJORLOLO
