Ghana’s current account balance soars To $9.1bn – Mahama

In his 2026 State of the Nation Address (SONA) on Friday, President John Dramani Mahama stressed the country’s current account balance has seen a remarkable turnaround, reaching $9.1 billion (8.1% of GDP) in December 2025, driven by increased earnings from gold, cocoa, and non-traditional exports.

The government’s flagship initiatives, launched in 2025, are aimed at boosting economic growth and transformation. Key focus areas include unlocking round-the-clock economic activity, deepening value chains, and enhancing e-centres to support export growth.

These efforts have contributed to Ghana’s economic growth, with a projected GDP growth rate of 4.8% in 2026, positioning the country as Africa’s 8th largest economy.

The government’s strategic initiatives are expected to drive economic transformation and improve the lives of Ghanaians. With a strong focus on productivity and export growth, Ghana is poised for continued economic success.

By: Addo Dennis Adjei

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