Parliament is expected to begin detailed consideration of the Ghana Accelerated National Reserves Accumulation Policy (GANRAP), a major economic initiative announced by Finance Minister Dr Casiel Ato Baah Forson on Wednesday February 25, 2026.
Presenting the policy statement on the floor of Parliament, the Minister outlined measures aimed at accelerating the accumulation of Ghana’s foreign reserves through export growth, fiscal consolidation and improved foreign exchange management.
Government maintains that stronger reserves will support exchange rate stability and protect the economy against external shocks.
The Exchequer say the initiative will also enhance investor confidence and strengthen Ghana’s macroeconomic fundamentals.
Members of Parliament are expected to scrutinize the feasibility of the proposed targets and the mechanisms for implementation.
Economic analysts say reserve accumulation is a key element of macroeconomic stability, particularly for developing economies vulnerable to commodity price fluctuations.
The parliamentary debate is expected to focus on whether the targets are realistic and how reserve accumulation will be balanced with development spending needs.
GANRAP is expected to become a key pillar of Ghana’s medium-term economic strategy.
Some legislators are expected to call for clearer implementation timelines and measurable benchmarks to guide progress under the policy.
Others are likely to push for stronger transparency and accountability mechanisms to ensure that reserve accumulation does not come at the expense of essential public investment.
By: Christian Kpesese
