Finance Minister Dr. Cassiel Ato Forson has announced that Ghana has increased its gross international reserves by $2.14 billion within the first half of 2025—without relying on any external borrowing.
Presenting the 2025 Mid-Year Budget Review in Parliament on Thursday, July 24, Dr. Forson described the development as a major milestone, crediting it to sound fiscal management and strong domestic reforms.
“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 stated.
According to him, Ghana’s reserves rose from $8.98 billion in December 2024 to $11.12 billion by the end of June 2025.
He added that the current reserve level is sufficient to cover 4.8 months of imports—up from the four-month cover recorded at the end of last year.
Dr. Forson attributed the progress to the government’s commitment to macroeconomic stability and disciplined governance.
“This is not just a number. It signals that confidence is returning to our economy and that the measures we are implementing are yielding results,” he said.
Source: Adomonline.com
READ ALSO:
