The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has disclosed that the Bank of Ghana (BoG) has proposed to serve as the Board’s fiscal agent, but no agreement has yet been reached on the arrangement.
The Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, has revealed that the Bank of Ghana has proposed to act as the Board's fiscal agent, but no agreement has been reached yet. Speaking on JoyNews, Gyamfi stated that GoldBod is considering the proposal as part of broader discussions on managing its financial and foreign exchange operations.
He emphasized that GoldBod has the necessary resources and systems to handle its activities and that any future arrangement with the central bank would need careful consideration before a formal agreement is made. The CEO's comments come as discussions unfold about the evolving relationship between GoldBod and the Bank of Ghana, particularly following the end of the Domestic Gold Purchase Programme.
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