Finance Minister Engages Canadian High Commissioner on Food Security and Goldbod Initiative

Finance Minister Dr. Cassiel Ato Forson has reaffirmed the government’s commitment to ensuring food security and economic resilience during a meeting with the Canadian High Commissioner to Ghana, Her Excellency Myriam Montrat.

Dr. Forson underscored food security as a pressing national concern, stressing the urgency of collaborative strategies to combat soaring food prices, which are disproportionately affecting vulnerable groups.

“Over one million Ghanaians face the risk of food insecurity due to rising costs,” he noted, citing data from the World Food Programme.

He also shed light on the Goldbod initiative, which he described as a game-changing project designed to enhance the monitoring of gold exports, boost foreign currency reserves, stabilize the local currency, and generate employment opportunities.

Addressing past issues surrounding Cocobod, Dr. Forson maintained that previous challenges should not overshadow its vital contributions to Ghana’s development or hinder the potential of forward-looking projects such as Goldbod.

He expressed optimism that the Goldbod initiative would soon be in full swing, providing long-term benefits for economic growth and stability.

 

 

 

Dr. Forson also reaffirmed Ghana’s commitment to its program with the International Monetary Fund (IMF), highlighting that the government had taken corrective steps to resolve inherited structural inefficiencies.

“We remain focused on maintaining fiscal discipline and meeting our IMF obligations,” he emphasized.

The meeting concluded with a call for continued international collaboration. Dr. Forson acknowledged Canada’s role in supporting Ghana’s agricultural modernization and resource governance, saying such partnerships would bolster domestic efforts toward economic recovery and food security.

Both sides expressed a shared commitment to strengthening bilateral relations for mutual progress and resilience.