GoldBod costs could have been minimised with better planning – Prof. Bokpin

Godfred Bokpin, says the financial costs associated with the Ghana Gold Board (GoldBod) could have been minimised if authorities had undertaken a more comprehensive assessment of the gold value chain before operationalising and aggressively scaling up the institution.“And the next question is, if we had been transparent and open to suggestions, and if we had examined the value chain approach from the beginning, before we operationalized Gold Board, possibly these losses would have been minimized.

He said the intervention was expanded without policymakers fully anticipating the total costs that would emerge across the value chain.