Ghana posts GH₵4.14bn trade surplus – BoG

Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has announced that Ghana recorded a trade surplus of GH₵4.14 billion in the first four months of 2025, driven by strong export performance in cocoa, gold, and oil.

Dr. Asiama revealed that exports had surged by over 60% year-on-year, describing the growth as a clear indicator of renewed confidence and resilience in Ghana’s economy.

He added that the country’s current account surplus reached GH₵2.12 billion by the end of the first quarter, an outcome largely attributed to strong commodity prices and improved export competitiveness.

“These results are more than just numbers. They reflect a restoration of macroeconomic credibility, the kind that inspires confidence among markets, investors, and citizens alike,” he said.

Dr. Asiama credited the positive outlook to the Bank of Ghana’s decisive monetary policy, including maintaining a disinflation stance, holding the policy rate at 28%, absorbing excess liquidity through active market operations, and enforcing greater discipline in the foreign exchange market.

On the issue of remittances, he noted that if external financing conditions remain stable, Ghana could see further improvements in its trade environment, enhancing foreign exchange inflows and supporting broader economic growth.