Government targets 127 tonnes of small-scale gold yearly under new reserves policy

Government targets 127 tonnes of small-scale gold yearly under new reserves policy

Finance Minister Cassiel Ato Forson has announced plans for the Ghana Gold Board to buy up to 127 tonnes of gold annually from artisanal and small-scale miners, as part of a new national policy aimed at strengthening Ghana’s external reserves. Speaking in Parliament of Ghana while unveiling what he described as the country’s first comprehensive reserves-building policy, Dr Forson said the initiative is designed to safeguard the economy and ensure […]

February 25, 2026 42

General

Gov’t pays GH¢10bn in DDEP interest, signals strong fiscal health

Government has paid GH¢10 billion in interest under the Domestic Debt Exchange Programme (DDEP), marking a major milestone in the country’s fiscal consolidation efforts. The payment, announced on Wednesday, is the sixth coupon settlement under the programme and the second made entirely in cash, with no Payment-In-Kind component. The full cash settlement covers cedi-denominated DDEP coupon obligations, in line with the restructuring memorandum and the Government’s broader debt management […]

February 18, 2026 35

General

Gov’t to restructure Cocoa Sector, Ato Forson to outline plan Thursday

The Cabinet has taken a decision to implement sweeping reforms within Ghana’s cocoa sector following growing concerns over delayed payments to farmers and mounting financial pressures at the Ghana Cocoa Board (COCOBOD) The decision was announced by the Minister of State in charge of Government Communications, Felix Kwakye Ofosu, after an emergency Cabinet meeting convened to assess the challenges confronting the sector. According to him, the meeting focused primarily on […]

February 11, 2026 28