Parliament has given the green light to the Ghana Accelerated National Reserve Accumulation Policy, an ambitious plan designed to raise the country’s international reserves to the equivalent of 15 months of import cover by 2028.

The policy was laid before the House on Wednesday, February 25, by Finance Minister Dr Cassiel Ato Forson.

It is grounded in the Ghana Gold Board Act, legislation that tasks the Gold Board with mobilising foreign exchange and supporting gold reserve accumulation by the Bank of Ghana.

Under the roadmap, government is targeting 8.6 months of import cover by the end of 2026.

That figure is projected to climb to 11.8 months by close of 2027, before reaching the 15-month benchmark a year later.

Officials describe the programme as a central pillar in efforts to restore macroeconomic stability, reinforce the cedi and shield the economy from external vulnerabilities.

Beyond expanding gold-backed reserves, the strategy also outlines structural reforms aimed at widening foreign exchange inflows while tightening the taps on chronic outflows.

In effect, Parliament’s endorsement signals strong political backing for what is arguably one of the most assertive reserve build-up drives in recent years — a move authorities believe is critical to rebuilding financial buffers and renewing confidence in the country’s economic management at a time when stability remains a pressing national imperative.