AreaGhana

Commodity GroupRice

CommodityAll

Date17/11/2022

Policy CategoryTrade

Policy InstrumentImport restrictions

DescriptionThe Bank of Ghana withdrew foreign exchange support for imports of several commodities classified as non-essential, including rice, in line with presidential instructions issued in October 2022 calling for a review of the management of the country's foreign exchange reserves and a reduction in dependence on imports. The measure was to remain in effect until May 2023, when it would be subject to review.