Ghana Records US$2.1bn Trade Surplus
Ghana’s economy has chalked remarkable progress in 2025, driven significantly by the performance of the Artisanal and Small-Scale Mining (ASM) sector, the Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi Esq., has announced.
Delivering a keynote address at the 2025 Dubai Precious Metals Conference held at the Atlantis Palm Jumeirah Hotel in Dubai, Sammy Gyamfi revealed that Ghana has recorded a trade surplus of US$2.1 billion, underscoring a strong external sector performance.
According to him, the country’s foreign reserves and balance of payments have improved considerably, reflecting the impact of prudent economic management and enhanced mineral export earnings.
He further disclosed that the Ghanaian Cedi has appreciated by a cumulative 35% against the US dollar so far this year, its strongest performance in years. This currency stability, he noted, has contributed to easing inflation to single digits for the first time in four years, while significantly lowering debt servicing costs.
Sammy Gyamfi highlighted the crucial role of the ASM sector in driving these gains. For the first time in Ghana’s history, the sector has outperformed large-scale mining in gold production.
“In 2025 alone, the ASM sector contributed 90 tons of gold, representing 53% of Ghana’s total gold export earnings. Gold exports from this sector have generated over US$9 billion in foreign exchange for the country,” he announced.
He emphasized that without the exceptional performance of small-scale miners, the country’s impressive economic rebound would not have been possible.
Source : Peacefmonline.com
