“GoldBod Policy Helping Ghana Rise Economically” — Financial Expert Hails Nation’s Growth
Story: Maurice Otoo
Financial expert Prince Obiri Yeboah has attributed Ghana’s recent economic progress to strategic policies, digitalization, and stronger control measures in the gold sector.
Speaking on the country’s economic performance at Kessben TV’s Digest show, Prince Obiri Yeboah stated that Ghana has now been ranked as the eighth-largest economy in Africa and second in Sub-Saharan Africa based on Gross Domestic Product (GDP).
According to him, the achievement reflects the impact of improved economic management and reforms introduced to stabilize the economy.
He noted that in previous years, large quantities of gold were allegedly smuggled out of the country, denying Ghana significant financial benefits.
However, he said recent interventions have helped reduce the practice and ensured that the country gains more revenue from its natural resources.
“The main gain has been the stabilization of the cedi against the dollar,” he stressed.
Mr. Yeboah further identified Information and Communication Technology (ICT) and digitalization as major contributing factors to Ghana’s economic advancement, saying the adoption of modern systems has improved efficiency and revenue mobilization.
He particularly praised the operations of GoldBod, explaining that its policies have played a crucial role in minimizing gold smuggling and increasing national income.
According to the financial expert, strengthening oversight in the gold sector and embracing technology-driven governance remain key to sustaining Ghana’s economic growth trajectory.
