Audio By Carbonatix
Answer: Yes.
a. Incurring cost under the G4R programme is not desirable but unavoidable due to the strategic and intentional policy design to use realistic market incentives for adequate FX accumulation.
b. However, moving forward, the BoG and GoldBod are exploring strategies to reduce and eventually eliminate the costs.
c. A policy blueprint for the GoldBod’s trading model is being developed by the GoldBod and will be rolled out in 2026, with the support of the Ministry of Finance and the Bank of Ghana.
d. Additionally, the GoldBod is currently developing its pricing regulations in consultation with the leadership of the Ghana National Association of Small-Scale Miners and the Concerned Small-Scale Miners Association. Discussions are ongoing on an acceptable minimal discount rate for local ASM gold purchases.
The outcome of this stakeholder consultation will find expression in the pricing regulations of the GoldBod, which will soon be laid before Parliament.
Latest Stories
-
MUSIGA sympathises with flood victims, urges Ghanaians to stay safe
3 minutes -
AMA declares one-month free refuse collection exercise in Accra
43 minutes -
Mahama swears in Dr Pamela Graham as Ghana’s first female Auditor-General
43 minutes -
Government launches dedicated GETFund support for learners with special educational needs
43 minutes -
Dangerous US heatwave looms over 4 July holiday, World Cup and Swift wedding
44 minutes -
Ghana Armed Forces to brief nation on nationwide flood mitigation exercise
47 minutes -
Police arrest 24 in major anti-crime swoop in Ashanti Region
1 hour -
Ghana National Council of Metropolitan Chicago launches GhanaFest® 2026 with historic first-ever Ghana flag-raising ceremony
1 hour -
Public health officers push for face masks and handwashing amid post-flood risks
1 hour -
USTED, KNUST Host SFA Foundation team for NEPS Youth Mental Health Project review
1 hour -
De-emphasise “MahamaCares” nickname of Ghana Medical Trust Fund to avoid politicisation – National House of Chiefs
2 hours -
Ghana must consider evacuation policy for citizens in distress abroad — Jinapor
2 hours -
Nkwanta conflict affecting marriages as women join calls for lasting peace
2 hours -
Bolt celebrates driver excellence with rewards for top performers in Ghana
2 hours -
484,059 collaterals registered in 2025, total value of secured loans amounted to GH¢148.3bn
2 hours