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Ghana’s reserves have increased by $2.14B in six months with no external borrowing – Finance Minsiter

July 24, 2025
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The government of Ghana has added an additional $2.14 billion to its gross international reserves within six months, without relying on any form of external borrowing.

This was disclosed by Finance Minister Dr. Cassiel Ato Forson when he delivered the 2025 Mid-Year Budget Review in Parliament on Thursday, July 24, 2025.

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He described this as a major economic milestone, driven by prudent fiscal management and domestic efforts.

“In just six months, even before the IMF disbursement and without external borrowing, we have added $2.14 billion to the country’s gross international reserves.”

He further disclosed that Ghana’s gross international reserves stood at $11.12 billion by the end of June 2025, covering 4.8 months of imports. This marks a significant increase from the $8.98 billion recorded in December 2024, which covered four months of imports.

These significant achievements, he said, were chalked due to sustained macroeconomic reforms and sound leadership by the current administration.

“This is not just a number. It is a signal that confidence is returning to our economy and that the steps we are taking are working,” he added.

By: Rainbowradioonline.com/Ghana

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