In a strategic move to strengthen Ghana’s gold trade and drive economic recovery, the Minister for Finance, Dr. Ato Forson, has inaugurated a new 13-member Board of Directors for the Ghana GoldBoard (Ghana GoldBoD). The event, held in Accra, comes as the government sharpens its focus on leveraging gold to stabilize the economy and enhance transparency in the sector.
Posting on his social media just after the inauguration, Dr. Forson conveyed the support and goodwill of President John Dramani Mahama to the new board and urged them to rise to the occasion.
“On behalf of H.E. the President, I congratulated the members and charged them to deliver on their critical mandate to help strengthen Ghana’s gold trade, improve transparency, and support our broader economic recovery efforts,” the Minister said.
Highlighting recent economic improvements, Dr. Forson disclosed that the Ghana cedi had appreciated by 16.7% against the US dollar as of May 13, 2025, making it the world’s best-performing currency so far this year.
“This turnaround is no accident. It reflects strong coordination between monetary and fiscal policy, improved inflows from gold, cocoa and remittances, and firm discipline in managing the public purse,” he stated.
The Ghana GoldBoD is a central player in the government’s strategy to ensure the country not only remains a global gold leader in terms of production but also benefits from greater value retention and export earnings.
Dr. Forson expressed full confidence in the new board, chaired by Mr. Kojo Fynn, praising their experience and commitment.
“The Ghana GoldBoD will be key to sustaining this progress and ensuring the sector contributes even more meaningfully to our economic transformation. I am confident the new board, under the able leadership of Mr. Kojo Fynn, will discharge its duties with integrity, professionalism and a deep sense of national responsibility,” he added.
With this inauguration, the Mahama-led administration continues to push forward with initiatives aimed at transforming Ghana’s resource sectors into engines of inclusive economic growth, underpinned by good governance, transparency, and innovation
