The Minerals Income Investment Fund (MIIF) was established by an Act of Parliament (Act 978 as amended) as a sovereign wealth fund. Key Highlights of 2024 Performance• Net Profit: GH¢1.906 billion, exceeding the combined profits of all preceding years since MIIF’s operationalization in 2018. • Equity Growth:1,128% increase from GH¢149 million to GH¢3.39 billion • Free Cash Position:GH¢5.6 billion, providing substantial liquidity for strategic investments going forward. The MIIF Gold Trade ProgramMIIF with the support of the Government of Ghana started its gold trading program under two main lines in 2023 – The Gold for Forex Program and the Gold for Oil. Despite a reported forex loss affecting about 7.5% of the total trade portfolio, an analysis of the MIIF 2024 financials reveals that MIIF registered a profit on its trade program of about GHs 36 million.