President John Dramani Mahama just revealed some amazing news about Ghana's money situation. The country can cover six months of imports with its cash reserves right away. Just three months back, Ghana could only afford 4.7 months of imports with the same money. The president talked to Council of State members at Jubilee House about this major win. He called this achievement one of the best financial records Ghana has seen in fifteen years.
Mahama wants Ghana to reach ten months of import coverage very soon. His government worked with the Bank of Ghana to make smart changes that boosted the country's foreign money supplies. Gold export reforms helped bring more foreign cash into Ghana's accounts. The Ghana Gold Board cleaned up the...