Ministry of Finance, Ghana details reserve accumulation costs and unveils GANRAP policy

Hon. Dr. Cassiel Ato Baah Forson Minister Ministry of Finance Ghana
Hon. Dr. Cassiel Ato Baah Forson Minister - Ministry of Finance Ghana
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The Ministry of Finance, Ghana, used its official Twitter account on February 25, 2026, to share information regarding the country’s external reserves and new policy initiatives. The tweets provided data on recent reserve accumulation costs and announced a new national strategy aimed at strengthening Ghana’s economic position.

In a tweet posted at 16:43 UTC, the Ministry stated: “From 2022 to 2024 alone, the Bank of Ghana accumulated US$5.65 billion in reserves through swaps and related transactions at a cost of US$1.16 billion in interest Additionally, Eurobond borrowings between 2018 and 2021 to support reserve build-up cost taxpayers about US$2.5 https://t.co/qFyKTwtakF”.

Later that day at 17:08 UTC, the Ministry highlighted a new policy initiative: “A while ago, the Minister for Finance, Dr. Cassiel Ato Forson unveiled the Ghana Accelerated National Reserve Accumulation Policy (GANRAP) — a bold and deliberate national strategy designed to strengthen Ghana’s external reserves and secure the country’s economic future.”

A subsequent post at 17:49 UTC included only a link without additional commentary: “https://t.co/yKyjl97GON”.

Dr. Cassiel Ato Forson was recently appointed as Ghana’s Minister for Finance following changes in government leadership. The announcement of GANRAP comes amid ongoing efforts by Ghanaian authorities to stabilize foreign exchange reserves after periods of economic volatility in recent years.



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