The Acting Managing Director of the Precious Minerals Marketing Company (PMMC), Sammy Gyamfi, has engaged key financial and industry stakeholders on the role of the soon-to-be-established Gold Bullion Development Company (GOLDBOD) in ensuring exchange rate stability.
In a Facebook post, he revealed that, under the direction of the Minister of Finance and the Governor of the Bank of Ghana (BoG), he held a fruitful engagement with the leadership of the Ghana Chamber of Bulk Oil Distributors (CBOD), the Ghana Association of Forex Bureaux (GAFORB), and representatives from the Financial Markets and Other Financial Institutions Supervision Departments of the BoG.
Sammy Gyamfi disclosed that the discussions focused on collaboration between GOLDBOD, CBOD, GAFORB, and BoG to stabilize the cedi and strengthen Ghana’s financial market.
“We intend to continue these strategic engagements to foster strong partnerships with all stakeholders for the realization of the objects of the GOLDBOD,” he stated.
The meeting forms part of the government’s broader strategy, in line with President John Mahama’s vision, to leverage Ghana’s gold resources to boost economic resilience and strengthen the currency.
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