Deputy Majority Leader and Member of Parliament for Cape Coast South, George Kweku Ricketts-Hagan, has described the newly established Gold Board as a major turning point for Ghana's economy.Speaking on the floor of Parliament, the MP said Ghana is finally beginning to take bold steps to fix its economy after years of financial struggles.According to him, Ghana has been producing gold for decades, yet it has not built strong reserves like countries that do not even mine gold.He noted that such countries are now lending money to Ghana, which shows how poorly the country has managed its natural resources in the past."For 70 years, we've never backed our economy with gold reserves.

Countries that don't mine gold have reserves in their central banks, but we, who produce gold, don't.

This is the change the Gold Board brings," he said.Mr.

Ricketts-Hagan praised the efforts of President John Dramani Mahama and the finance minister, Dr.