Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has lauded the newly inaugurated Ghana GoldBoD as a strategic tool for ensuring long-term currency stability and strengthening the country’s economic resilience.
At the inauguration of the 13-member Board of Directors, Dr. Forson emphasized that the GoldBoD is more than just a new institution. “GoldBoD is a vehicle to promote currency stability, enhance transparency in the gold trade, and support our wider economic recovery,” he said.
Speaking on behalf of President John Dramani Mahama, Dr. Forson congratulated the board members and encouraged them to carry out their duties with integrity and dedication.
He noted that Ghana’s intensified focus on its gold sector is already yielding results. As of May 13, 2025, the Ghanaian cedi had appreciated by 16.7% against the US dollar—making it the best-performing currency in the world so far this year.
“This turnaround is not by chance. It’s the result of coordinated fiscal and monetary policy, increased inflows from gold, cocoa, and remittances, and a firm commitment to fiscal discipline,” Dr. Forson said.
He stressed that the GoldBoD would play a central role in maintaining this momentum and advancing Ghana’s long-term economic goals. The board, he noted, will be instrumental in improving transparency and maximizing gains from the gold sector.
“The Ghana GoldBoD will help solidify these gains and ensure that the gold sector makes a more significant contribution to our economic transformation,” he added.
Dr. Forson expressed full confidence in the leadership of Mr. Kojo Fynn as board chair and urged the entire board to prioritize the national interest.
He concluded by reaffirming the Mahama administration’s resolve to build a stronger, more self-reliant economy. “Let’s continue to work together to strengthen our economy and secure a more resilient future,” he said.
Dr. Forson also voiced optimism that the GoldBoD would become a cornerstone of Ghana’s renewed strategy for economic independence, stable currency management, and resource-driven development.
