{
  "id": 4793970,
  "title": "Abu Jinapor defends Domestic Gold Purchase Programme, credits Bawumia with its introduction",
  "url": "https://urgent.news/2026/09/01/abu-jinapor-defends-domestic-gold-purchase-programme-credits-bawumia",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-01T05:33:35.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/abu-jinapor-defends-domestic-gold-purchase-programme-credits-bawumia-with-its-introduction/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Former Minister of Lands and Natural Resources, Samuel Abu Jinapor, has defended the Domestic Gold Purchase Programme (DGPP), crediting former Vice President Dr Mahamudu Bawumia with its introduction. The programme, launched in June 2021, aimed to strengthen Ghana's gold reserves and augment foreign exchange reserves by purchasing gold domestically from licensed aggregators and mining companies. Jinapor stated that the programme exceeded its initial target of doubling gold reserves within five years, with reserves increasing to 30.53 tonnes by December 2024. Additionally, the DGPP has led to policy directives requiring large-scale mining companies and licensed small-scale miners to sell a portion of their refined gold to the Bank of Ghana, ensuring the exclusion of illegally sourced gold. Despite concerns about potential impacts on gold exports, Jinapor emphasized that the measures did not hinder Ghana's strong export performance, with gold exports reaching a record US$11.6 billion in 2024.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Abu Jinapor defends Domestic Gold Purchase Programme, credits Bawumia with its introduction",
        "url": "https://urgent.news/2026/09/01/abu-jinapor-defends-domestic-gold-purchase-programme-credits-bawumia-4795424",
        "published": "2026-09-01T05:33:35.000Z"
      },
      {
        "outlet": "Adom Online",
        "title": "Bawumia was brainchild behind Domestic Gold Purchase Programme – Jinapor",
        "url": "https://urgent.news/2026/09/01/bawumia-was-brainchild-behind-domestic-gold-purchase-programme-jinapor",
        "published": "2026-09-01T07:34:40.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}