Browse Data and Analysis

The Bank of Ghana restricted access to foreign exchange for a select list of imported products, including rice, poultry, vegetable oils, and pasta, among other items, to implement a directive from the President of Ghana.

Ghana’s National Biosafety Authority has eventually given the green light for the environmental release and placement on the market of the pod borer resistant (PBR) or Bt. Cowpea.

Marketing year (MY) 2022/23 palm kernel production is forecast at 62,000 metric tons (MT), down by about nine percent compared to Post’s MY2021/22 projection. This is mainly because of an annual three-month drought period (December-February) that negatively affects FFB yield, and consequently kernel yield.

Ghana is a net importer of rice and wheat. Post forecasts rice exports to Ghana in MY 2014/2015 to reach 600,000 MT.

Along with other ECOWAS countries, Ghana has committed to a region-wide system of the common external tariffs (CET) to be implemented in January 2015.

The President of the Republic of Ghana signed the Ghana Biosafety Act, 2011 (Act 831) December 2011 following the passage of the Biosafety Bill by the Ghanaian Parliament, in June 21, 2011.