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Home General News

Ghana’s Parliament Passes GOLDBOD Bill 2025: Awaiting Presidential Assent

TymesAdmin by TymesAdmin
March 29, 2025
in General News, Uncategorized
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Ghana’s Parliament Passes GOLDBOD Bill 2025: Awaiting Presidential Assent
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CEO FOR NEWLY INSTITUTED GOLDBOD, LAWYER SAMMY GYAMFI.

IN A SIGNIFICANT legislative milestone, Ghana’s Parliament has successfully passed the Ghana GOLDBOD Bill 2025 after its third reading.

The bill, which now awaits the final assent of His Excellency President John Dramani Mahama, is set to pave the way for the establishment of GOLDBOD, a strategic initiative aimed at transforming the country’s gold sector.

The passage of the bill marks a major step towards fulfilling a key campaign promise of the ruling National Democratic Congress (NDC). Once signed into law, GOLDBOD is expected to provide a structured and transparent framework for the management, trade and development of Ghana’s gold resources, ensuring sustainable growth and economic benefits for the nation.

The successful passage of the bill is being celebrated as a triumph for the government and Parliament, with special recognition given to legal luminary Sammy Gyamfi and his team for their relentless efforts in shaping the legislation. Their hard work and commitment have played a crucial role in ensuring that this important policy materializes.

With the bill now awaiting President Mahama’s signature, stakeholders in the gold industry and the general public eagerly anticipate its implementation, which is expected to boost revenue generation, enhance job creation and solidify Ghana’s position as a leading gold-producing nation.

As the nation awaits the final step in this legislative process, many Ghanaians have commended Parliament for its diligence in ensuring that the GOLDBOD initiative becomes a reality.

The signing of the bill into law will mark the beginning of a new era for Ghana’s gold sector, promising economic prosperity and increased government oversight of gold resources.

Source: Nationaltyme.com

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