In the 2025 Budget, the Ghana government allocates US$279 million for the Ghana Gold Board to facilitate gold purchases from small-scale miners and invests GH¢13.85 billion in the Big Push Programme to promote development in key sectors while enhancing social protection programs.
The government of Ghana has allocated approximately US$279 million as a revolving fund for the Ghana Gold Board (GOLDBOD), facilitating the purchase and export of a minimum of 3 tonnes of gold weekly from small-scale miners. This announcement was made by Finance Minister Dr. Cassiel Ato Forson during the presentation of the 2025 Budget Statement on March 11, emphasizing funding for key initiatives.
Additionally, Dr. Forson disclosed that GH¢13.85 billion has been earmarked for the Big Push Programme, a flagship initiative aimed at driving development across essential sectors, including agriculture, infrastructure, and industrialization. This program is designed to attract investment and create job opportunities while enhancing living standards.
For the year 2025, the Ghana government plans to enhance funding for four specific social protection programs: the National Health Insurance Scheme (NHIS), the Livelihood Empowerment Against Poverty (LEAP) Programme, the School Feeding Programme, and the Capitation Grant. This commitment seeks to bolster the implementation and effectiveness of these programs.
The Ghana Gold Board, a state-owned entity, regulates and promotes the country’s gold industry. Its key mission includes ensuring the sustainable operation of the gold sector, which contributes significantly to Ghana’s economic growth while promoting responsible use of gold resources.
The 2025 Budget by the Ghana government allocates US$279 million to the Ghana Gold Board to support gold purchase and export. Additionally, it establishes a substantial investment for the Big Push Programme to enhance development across critical sectors and improve social protection measures. Overall, these strategies aim to advance economic growth and community welfare in Ghana.
Original Source: www.graphic.com.gh
