IMF team on 4th review mission; engages government officials, Bank of Ghana – Finance Ministry

The International Monetary Fund (IMF) has commenced its fourth review mission in Ghana under the Extended Credit Facility (ECF) programme for 2023–2026.

Running from April 2 to April 15, the mission aims to evaluate Ghana’s economic performance and progress on key reforms.

According to the Ministry of Finance, discussions began at the Ministry and the Bank of Ghana, focusing on Ghana’s fiscal performance for 2024.

Over the next two weeks, the IMF delegation will engage with senior officials and stakeholders to assess critical economic indicators, including inflation control, monetary policy, fiscal discipline, and debt restructuring.

The outcome of the review will determine whether Ghana qualifies for further financial support from the IMF, which is crucial for maintaining macroeconomic stability.

Finance Minister Dr. Cassiel Ato Forson reiterated the government's commitment to ongoing reforms, citing new tax amendment bills and public procurement policies as key measures.

He expressed optimism that Ghana’s economy could stabilize by May 2025 if current trends continue.

The IMF is set to release its final assessment on April 15, outlining Ghana’s economic progress and the implications for future support.