Ghana news briefing
Gold Board recorded GH¢909m operational surplus from its own activities, not taxpayers’ funds – Sammy Gyamfi
His comments follow concerns raised by Chairperson of the Public Accounts Committee (PAC) of Parliament, Abena Osei-Asare, over payments made by the Ministry of Finance to Gold Board and losses associated with the Bank of Ghana’s Domestic Gold Purchase Programme.
Mr Gyamfi explained that the surplus was generated through Gold Board’s internally generated funds before government released its revolving seed capital allocation at the end of 2025.
Speaking on the Joy FM Super Morning Show on Friday, July 24, Mr Gyamfi reiterated that the funds released to Gold Board were part of its revolving seed capital approved in the 2025 Budget by Parliament.
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