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Finance Minister Backs Goldbod in Fight Against Gold Smuggling

Story Highlights
  • Goldbod praised for its strong performance in curbing illegal gold smuggling in early 2025
  • A new task force has been launched to tackle illicit gold exports
  • Government aims to improve gold resource management and boost national revenue

Finance Minister Dr. Cassiel Ato Forson has reaffirmed his full commitment to supporting the Ghana Gold Board (Goldbod) in its mission to curb illegal gold smuggling and improve oversight of the country’s gold resources.

In a statement shared via social media, Dr. Forson praised the Board’s achievements during the first half of the year, describing its work as essential to Ghana’s economic recovery and sustainable development.

“As the sector Minister, I pledge my full support to the Ghana Gold Board,” he wrote, noting that Goldbod’s recent efforts are already making progress in reducing smuggling—an issue that has cost Ghana billions in lost revenue over the past decade.

His comments come amid the government’s intensified crackdown on gold smuggling, marked by the establishment of a new task force dedicated to tracking and prosecuting offenders.

Dr. Forson expressed confidence that the task force, in collaboration with Goldbod, will help reverse the ongoing trend of illicit gold exports.

“With this task force now in place to go after smugglers, things can only improve,” he said.

He also underscored the need for robust institutional support for Goldbod, stating that its effectiveness is crucial for ensuring Ghana benefits fully from its natural gold wealth.

“Taking down gold smuggling networks will help us take full control of our resources,” Dr. Forson added. “Goldbod has my complete backing to lead that effort.”

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