The International Monetary Fund (IMF) has launched its fourth review mission in Ghana, marking a significant step in the country’s Extended Credit Facility (ECF) programme for 2023–2026. Running from April 2 to April 15, the two-week mission will closely examine Ghana’s economic performance and progress on key structural reforms backed by the IMF.
The review commenced with discussions between the IMF delegation and officials from the Ministry of Finance and the Bank of Ghana, focusing on the nation’s fiscal performance for the year 2024. Over the coming fortnight, the IMF team will engage with high-ranking government officials, the central bank, and other critical stakeholders to evaluate essential economic indicators such as inflation control, monetary policy, and ongoing structural reforms.
A major area of focus will be Ghana’s progress in achieving IMF-mandated targets, including fiscal discipline, economic stabilization, and debt restructuring. The review’s results will play a pivotal role in determining whether Ghana qualifies for the next tranche of financial support from the IMF, a crucial element in ensuring the country’s macroeconomic stability.
This review is a key moment in Ghana’s economic journey, with far-reaching implications for its financial future and international relations.
