Accra: The Deputy Minister of Finance, Thomas Nyarko Ampem, has disclosed that Ghana recorded a trade surplus of $3.7 billion in the first two months of 2026. This marks a significant improvement compared to the $2.1 billion recorded during the same period in 2025.
According to Ghana Web, speaking at the Movenpick Accra Business Forum, Nyarko highlighted that the government is targeting total revenue and grants of GHS268.1 billion for 2026, an increase from GHS226.7 billion in 2025. He emphasized that the country's improved trade balance is a strong indication of restored external stability.
Addressing the forum on the theme, 'Building Confidence in Ghana's Business Climate: Taxation, Forex and Investment Outlook,' Nyarko noted that Ghana is becoming increasingly accessible for business. He reported that gross international reserves have risen to $14.5 billion, equivalent to 5.8 months of import cover as of March this year, up from $13.8 billion at the end of December 2025. This is a more than 60% increase from December 2024, when reserves stood at approximately $8.9 billion, covering 3.9 months of import cover.
Nyarko attributed the economic progress to the Ghana Accelerator National Reserve Accumulation Programme. The initiative aims to protect the local economy against shocks by increasing gross international reserves to the equivalent of 8.6 months of import cover by the end of the year. He stated that the economy is regaining balance, rebuilding strength, and positioning itself for sustained growth.