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By Efua Nessa
The government has held discussions with large-scale mining companies to advance the Ghana Accelerated National Reserve Accumulation Policy (GANRAP), a strategy aimed at boosting the nation’s reserves and stabilising the cedi.
The meeting, co-chaired by Finance Minister Dr. Cassiel Ato Forson and Lands and Natural Resources Minister Emmanuel Armah-Kofi Buah, brought together key stakeholders across the mining sector.
Dr. Forson explained that GANRAP focuses on reinforcing Ghana’s external buffers through a reformed gold acquisition framework, coupled with stronger compliance measures. “Our goal is to strengthen reserves and support a more stable cedi,” he said.
He added that the policy involves targeted reforms to improve gold acquisition processes while ensuring greater oversight and strict adherence to regulatory requirements.