
Ghana’s Gold-for-Oil Mechanism Buys Time, But Structural Gaps in Refining and Storage Leave the Economy Exposed
Ghana’s Petroleum Import Strategy Stabilises the Cedi Short-Term, While Downstream Deficits Persist Ghana’s gold-for-oil payment arrangement, introduced in 2023, has delivered measurable relief to the cedi and moderated fuel price inflation. But the mechanism does not address the structural vulnerabilities…













