Editor’s Note
This article reports on the government’s decision to lift the ban on gold imports and exports, a significant policy shift aimed at regulating the trade and stimulating economic growth.
The government has lifted the ban on the import and export of gold as part of a major overhaul of the sector. This move is aimed at regulating the gold trade and boosting the country’s economy.
The decision is part of an update to the regulatory framework governing the import and export of gems and precious metals. The new regulations are expected to streamline processes and attract foreign investment.
Officials believe that lifting the ban will have a positive impact on the economy by creating jobs and increasing revenue from the gold trade. The sector overhaul includes measures to prevent illegal trading and ensure compliance with international standards.