\n
Finance Minister Dr. Mohammed Amin Adam has indicated that for the first half of 2024, the trade balance (economic measure that represents the difference between the value of a country\u2019s exports and imports of goods and services) recorded a provisional surplus of US$1.81 billion.<\/strong><\/p>\nAccording to the Finance Minister, this was the result of a larger increase in exports which outweighed the increase in imports.<\/p>\n
This is higher than the outturn of US$1.60 billion recorded in the corresponding period of 2023.<\/p>\n
He made this information known to the entire country when he delivered the\u00a02024 Mid-Year Budget\u00a0Review on the floor of Parliament on Tuesday, July 2023.<\/p>\n
The improved trade surplus resulted in larger current account surplus of US$1.28 billion (1.5 percent of GDP) in
the first half of 2024.<\/p>\n
\u201cThis compares with a Current account surplus of US863.0 million (1.1 percent of GDP), registered in the same period a year ago,\u201d Dr Amin further revealed to the House.<\/p>\n
He also noted that developments in Ghana\u2019s external sector in 2023 was marked by a general reduction in external payments, resulting in a Current account surplus and reduced Capital & Financial account outflow.<\/p>\n
\u201cConsequently, the overall Balance of Payments recorded a surplus of US$461.6 million. The current account improved to a surplus of US$1.41 billion, driven by a strong growth in remittances as the reforms in the Fintech ecosystem started to yield positive results,\u201d he added.<\/p>\n
tigpost.co <\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Finance Minister Dr. Mohammed Amin Adam has indicated that for the first half of 2024, the trade balance (economic measure that represents the difference between the value of a country\u2019s exports and imports of goods and services) recorded a provisional surplus of US$1.81 billion. According to the Finance Minister, this was the result of a […]<\/p>\n","protected":false},"author":1,"featured_media":202691,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-202690","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n
Ghana generated $1.81bn for exporting more in first half of 2024 \u2013 Finance Minister \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghana generated $1.81bn for exporting more in first half of 2024 \u2013 Finance Minister \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Finance Minister Dr. Mohammed Amin Adam has indicated that for the first half of 2024, the trade balance (economic measure that represents the difference between the value of a country\u2019s exports and imports of goods and services) recorded a provisional surplus of US$1.81 billion. According to the Finance Minister, this was the result of a […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-24T10:35:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Exports-jpg.webp.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"190\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/24\\\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/24\\\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Ghana generated $1.81bn for exporting more in first half of 2024 \u2013 Finance Minister \u2013\",\"datePublished\":\"2024-07-24T10:35:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/24\\\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\\\/\"},\"wordCount\":242,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/24\\\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Exports-jpg.webp.webp\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/24\\\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/24\\\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/24\\\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\\\/\",\"name\":\"Ghana generated $1.81bn for exporting more in first half of 2024 \u2013 Finance Minister \u2013 - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/24\\\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/24\\\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Exports-jpg.webp.webp\",\"datePublished\":\"2024-07-24T10:35:06+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/24\\\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/24\\\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/24\\\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Exports-jpg.webp.webp\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Exports-jpg.webp.webp\",\"width\":300,\"height\":190},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/24\\\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ghana generated $1.81bn for exporting more in first half of 2024 \u2013 Finance Minister \u2013\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ghana generated $1.81bn for exporting more in first half of 2024 \u2013 Finance Minister \u2013 - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/","og_locale":"en_US","og_type":"article","og_title":"Ghana generated $1.81bn for exporting more in first half of 2024 \u2013 Finance Minister \u2013 - Ghanamma.com","og_description":"Finance Minister Dr. Mohammed Amin Adam has indicated that for the first half of 2024, the trade balance (economic measure that represents the difference between the value of a country\u2019s exports and imports of goods and services) recorded a provisional surplus of US$1.81 billion. According to the Finance Minister, this was the result of a […]","og_url":"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/","og_site_name":"Ghanamma.com","article_published_time":"2024-07-24T10:35:06+00:00","og_image":[{"width":300,"height":190,"url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Exports-jpg.webp.webp","type":"image\/webp"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"Ghana generated $1.81bn for exporting more in first half of 2024 \u2013 Finance Minister \u2013","datePublished":"2024-07-24T10:35:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/"},"wordCount":242,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Exports-jpg.webp.webp","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/","url":"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/","name":"Ghana generated $1.81bn for exporting more in first half of 2024 \u2013 Finance Minister \u2013 - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Exports-jpg.webp.webp","datePublished":"2024-07-24T10:35:06+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Exports-jpg.webp.webp","contentUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Exports-jpg.webp.webp","width":300,"height":190},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/07\/24\/ghana-generated-1-81bn-for-exporting-more-in-first-half-of-2024-finance-minister\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"Ghana generated $1.81bn for exporting more in first half of 2024 \u2013 Finance Minister \u2013"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/202690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=202690"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/202690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media\/202691"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=202690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=202690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=202690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}