A 19-member Technical Committee tasked to develop a legal and operational framework for the establishment of Ghana Gold Board was inaugurated in Accra yesterday.
The Committee is also mandated to draft a bill for the establishment of the Ghana Gold Board, which is expected to be in existence by March 8 this year.
Inaugurating the committee, the Finance Minister, Dr Cassiel Ato Baah Forson, said the Gold Board was a flagship initiative by the President, John Dramani Mahama administration for the economic revitalisation of the economy.
He said the Board was to serve as a vehicle for achieving currency stability through the structured purchasing and management of Ghana's gold resources. "As Africa's leading gold producer, Ghana derives substantial foreign exchange earnings from gold.