{"id":98536,"date":"2025-10-14T20:10:07","date_gmt":"2025-10-14T20:10:07","guid":{"rendered":"https:\/\/sotnews.agency\/?p=98536"},"modified":"2025-10-14T20:10:07","modified_gmt":"2025-10-14T20:10:07","slug":"african-finance-ministers-laud-ghanas-goldbod-at-high-level-afdb-meeting-in-washington","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=98536","title":{"rendered":"African finance ministers laud Ghana\u2019s GOLDBOD at high-level AfDB meeting in Washington"},"content":{"rendered":"
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Ghana\u2019s approach to natural resource governance took centre stage at a high-level meeting in Washington today, as finance ministers from five African countries hailed the country\u2019s pioneering GOLDBOD model as a benchmark for resource-led development across the continent.<\/p>\n

The meeting, held on the sidelines of the 2025 IMF\u2013World Bank Annual Meetings, brought together Finance Ministers from Ghana, Liberia, Sierra Leone, The Gambia, and Sudan for strategic discussions with the President of the African Development Bank (AfDB) Group, Dr. Sidi Ould Tah.<\/p>\n

Among the wide-ranging issues on Africa\u2019s development agenda, the conversation on natural resource management stood out \u2014 with Ghana\u2019s GOLDBOD drawing particular praise and attention.<\/p>\n

Several ministers commended the initiative for its success in transforming how Ghana leverages its gold resources to support economic growth, strengthen exchange rate stability, and drive sustainable development.<\/p>\n

They noted that the model represents a significant shift from the traditional approach, demonstrating how African nations can capture greater value from their natural wealth.<\/p>\n

Many countries within this AfDB constituency expressed strong interest in adopting similar approaches to enhance transparency, and improve resource governance in their own economies.<\/p>\n

The Ghana Gold Board (GOLDBOD) is the sole authority with the exclusive mandate to buy, sell, weigh, grade, assay, value, and export gold and other precious minerals in Ghana.<\/p>\n

Operating under the oversight and supervision of the Ministry of Finance, GOLDBOD plays a central role in regulating the sector and ensuring that the exploration of Ghana\u2019s mineral resources directly supports the nation\u2019s development.<\/p>\n<\/div>\n

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\"AfricanGhana\u2019s approach to natural resource governance took centre stage at a high-level meeting in Washington today, as Finance Ministers from five African countries hailed the country\u2019s pioneering GOLDBOD model as a benchmark for resource-led development across the continent.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10486,12,6508,319,1789,1978,2004,10,9],"tags":[],"class_list":["post-98536","post","type-post","status-publish","format-standard","hentry","category-african-development-bank-afdb-group","category-business","category-comp-business","category-economy","category-goldbod","category-hp-business-1","category-mining","category-politics","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/98536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=98536"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/98536\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}