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.