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.

According to him, this marks a strong signal of restored external stability, compared to the $2.1 billion recorded during the same period in 2025.

Speaking at the Movenpick Accra Business Forum on Monday, March 30, 2026, Nyarko said the government is targeting total revenue and grants of GH¢268.1 billion in 2026, up from GH¢226.7 billion in 2025.

All major indicators improving in tandem not accidental – Governor

Addressing the forum on the theme, “Building Confidence in Ghana’s Business Climate: Taxation, Forex and Investment Outlook,” he noted that Ghana is becoming easier to access, easier to price, and easier to do business in.

“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. It is worth noting that by the end of December 2024, gross international reserves stood at approximately $8.9 billion, covering 3.9 months of import cover. So, in just over a year, Ghana’s reserves have surged by more than 60%,” the Deputy Finance Minister said.

He added, “This is a strong signal of restored external stability and policy credibility. In the first two months of 2026 alone, the economy recorded a trade surplus of $3.7 billion, compared to $2.1 billion over the same period in 2025. The trade balance for the first two months of 2024 was a surplus of only $392 million. So, we have increased it from $392 million to $3.7 billion in just over a year.”

According to him, the country’s trade surplus has expanded more than eightfold.

With the rollout of the Ghana Accelerator National Reserve Accumulation Programme, Ampem explained that the initiative is aimed at protecting the local economy against both domestic and global shocks by raising gross international reserves to the equivalent of 8.6 months of import cover by the end of the year.

He stated that Ghana’s economy is gradually regaining balance, rebuilding strength, and positioning itself for sustained growth.

SA/MA