Ghana’s International Reserves Hit $14.5 Billion as of February 2026 – Majority Caucus Discloses

Ghana’s international reserves have surged to $14.5 billion as of February 2026, according to disclosures by the Majority Caucus in Parliament on Thursday, May 1, 2026, during a press briefing in Accra. The announcement underscores the government’s claim of a strengthened economic position, buoyed by improved fiscal discipline and external inflows.

Key Highlights

Reserve Growth: The reserves rose from $13.2 billion in December 2025 to $14.5 billion by February 2026.

Policy Impact: Majority MPs credit the increase to prudent management of foreign exchange, enhanced export earnings, and debt restructuring measures.

Stability Signal: The reserves are expected to provide a buffer against external shocks, stabilize the cedi, and reassure investors of Ghana’s economic resilience.

The disclosure was made during parliamentary debates on the state of the economy, tied to the release of the Bank of Ghana’s 2025 financial statements. The Majority Caucus emphasized that the reserves reflect the government’s commitment to restoring macroeconomic stability. However, opposition MPs have questioned whether the reserves are sufficient to offset rising fuel prices and inflationary pressures.

International reserves serve as a critical indicator of a country’s ability to meet external obligations and maintain currency stability. Ghana’s current level represents one of the highest in recent years, positioning the nation as a “poster boy” for recovery in Africa, according to earlier assessments by the IMF and World Bank.