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Fitch: Ghana's Surplus to Shrink Amid USAID Cuts

5/4/2025

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Summary

Story summary

Fitch warns that Ghana's current account surplus is set to shrink by 3% in 2025, largely due to a staggering 90% reduction in USAID funding, which has long supported vital sectors. However, optimism remains as Ghana's external stability may strengthen, with reserves projected to hit $8.8 billion, fueled by renewed investor confidence.

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Story summary

Fitch warns that Ghana's current account surplus is set to shrink by 3% in 2025, largely due to a staggering 90% reduction in USAID funding, which has long supported vital sectors. However, optimism remains as Ghana's external stability may strengthen, with reserves projected to hit $8.8 billion, fueled by renewed investor confidence.