Finance Minister Dr Cassiel Ato Forson leads Ghana’s delegation to IMF Spring Meetings

Finance Minister Dr. Cassiel Ato Forson is leading Ghana's delegation to the 2025 IMF and World Bank Spring Meetings.

This is the first participation under President John Mahama's new NDC administration.

The meetings follow a recent staff-level agreement with the IMF. This agreement concerns the fourth review of Ghana’s IMF-supported program.

It is expected to release about $370 million for Ghana’s economic recovery.

Notably, this deal was reached despite missing several benchmarks before the new administration took office.

The agreement shows renewed international confidence in Ghana’s direction. This confidence stems from swift actions taken by the new government.

The Mahama-led administration has worked hard to address fiscal challenges. They have fast-tracked key structural reforms and introduced corrective measures.

One urgent issue was a large buildup of payables in 2024. This created a significant primary deficit, exceeding the planned surplus.

In response, the government launched a bold reform package. This aims to curb arrears, reinforce spending discipline, and strengthen public financial management.

Strategic Engagements in Washington

Throughout the week, Dr. Forson and his team will attend high-level meetings. These discussions will focus on job creation, energy access, food security, and climate resilience.

A key event will be Dr. Forson's meeting with IMF Managing Director Kristalina Georgieva. They will discuss Ghana’s progress, challenges, and reform agenda in detail.

Additional meetings are planned with members of the Paris Club and rating agencies. The U.S. Treasury and other development partners will also participate to strengthen collaboration.

Dr. Forson aims to share “Ghana’s reset story” during these engagements. This vision focuses on restoring macroeconomic stability and ensuring debt sustainability.

It also emphasizes building resilience through ambitious reforms for inclusive growth. The goal is to achieve “The Ghana We Want,” while protecting vulnerable populations.