The recent acknowledgment by President John Dramani Mahama, attributing the appreciation of the Ghanaian cedi to the country's robust gross international reserves, validates the prudent economic policies of the previous NPP administration.
As of April 2025, Ghana's reserves stand at $10.6 billion, with a substantial $8.98 billion inherited from the NPP government.
This confirms that the current NDC administration has benefited from strong macroeconomic buffers established under the Akufo-Addo/Bawumia era rather than implementing new stabilizing policies.
Minister for Finance Ato Forson also confirmed that the GoldBod programme, which involves buying and selling gold for foreign exchange, remains a key tool for achieving currency stability.
