Ghana has approved a 5 billion cedi ($430 million) allocation to finance gold purchases as the country deepens its strategy of building bullion reserves to strengthen its foreign exchange position

The Executive Board of the International Monetary Fund (IMF) completed its final review of Ghana’s three-year, $3 billion crisis support package on July 27, 2026, approving an…

Ghana allocated $429M from its 2026 budget for gold purchases to boost foreign-exchange reserves, while exploring gold-backed stablecoins in the