Beyond Gross Reserves: Assessing Ghana’s External Liquidity

Distinguishes headline reserve measures from readily available foreign-currency resources and payment capacity. It examines gold valuation, import coverage, external obligations and conditional liquidity scenarios using explicitly defined evidence.

120 pages · 4.03 MB · English

About this report

Author: Dr. Felix Larry Essilfie
Publisher: Institute of Development and Economic Research (IDER)
Publication date: September 2026
Evidence cut-off: 2026-09-21
Reference period: Matched reserve comparisons: end-2024 and end-2025. Monitoring observations: May–August 2026.
Series: IDER’s Ghana Macroeconomic Policy and Business Intelligence Briefings

Read the evidence in context

Accounting checks are not a custodian audit or a causal policy evaluation. Conditional liquidity scenarios depend on the stated reserve definitions and assumptions.

The report’s original source definitions, assumptions and limitations govern its interpretation. References to other institutions do not imply their endorsement.

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