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Bawumia lauds BoG gold purchase programme


Graphic Online
Date: Jul - 03 - 2021 , 09:40
BY: Chris Nunoo & Kobla Dotsey Aklorbortu
Category: Business News
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The Vice-President, Dr Mahamudu Bawumia, has lauded the decision by the Bank of Ghana (BoG) to implement a gold purchase programme designed to purchase locally-produced gold and keep as reserve.
He said the decision was a master stroke in the quest for stronger macroeconomic management and in providing a bulwark for the Ghana cedi.
Delivering the keynote address at the 2021 Gold Expo Week in the Western Regional capital,Takoradi last Thursday, the Vice-President intimated that the launch and implementation of the domestic gold purchase programme by the BoG and the Community Mining Programme (CMP) were going to be catalyst for the formalisation of our artisanal small-scale mining sector. ....

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