Instead of investing in Agriculture, they are channeling GHC 4.6 billion into galamsey operations – Afenyo-Markin

The passage of the Ghana Gold Board Bill 2025 has sparked controversy, with Minority Leader Alexander Afenyo-Markin criticizing the government’s decision to allocate GH₵4.6 billion to the initiative.

He argues that instead of directing funds toward critical sectors like agriculture, women’s banking, and the 24-hour economy, the government is prioritizing what he describes as “galamsey operations.”

While officials claim the Gold Board will enhance transparency in gold trading, concerns persist over economic priorities.

With inflation rising, youth unemployment surging, and small businesses struggling for credit, critics question whether the hefty investment serves Ghana’s broader economic needs or merely benefits a select few in the mining industry.