Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has said 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.
Speaking at the Graphic Business/ Ecobank Breakfast Meeting in Accra on Tuesday, Dr Asiama disclosed that exports have grown by over 60 percent year-on-year, a development he described as a clear sign of renewed trade confidence and resilience in the Ghanaian economy.
He revealed that the current account surplus had improved significantly, reaching GH₵ 2.12 billion by the end of the first quarter of 2025, attributing the gains to robust commodity earnings and enhanced export competitiveness.
“These outcomes represent more than just statistical improvement; they are a restoration micro microeconomic credibility, the kind that markets, investors, and citizens respond to with confidence.”
Dr. Asiama attributed the surplus to the BoG’s ability to “Maintain a firm disinflation stance since we came in, raising and holding the monetary policy rate at 28 percent, we conducted active market operations to absorb excess liquidity, and we enforced discipline in the foreign exchange market through structured efforts and options.”
Touching on remittances, the Governor suggested that if external loans remain stable and resilient, the broader trade environment will continue to improve, further bolstering foreign exchange inflows and economic growth.
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