The International Monetary Fund (IMF) has started its fifth review of Ghana’s $3 billion programme. The review team, led by Stéphane Roudet, arrived in Accra over the weekend and will spend two weeks working with the Ministry of Finance and the Bank of Ghana.
The mission will meet with Finance Minister Dr. Ato Forson and Bank of Ghana Governor Dr. Johnson Asiama to assess the country’s progress. Key issues under discussion include arrears clearance, inflation control, foreign reserves, and the recapitalisation of weak banks.
This review is crucial as it is the second to last before the programme ends in May 2026. If Ghana passes the assessment, it will receive about $360 million in October 2025, bringing total disbursements to $2.3 billion.
The IMF’s programme, approved in May 2023, aims to restore fiscal stability, protect social spending, strengthen financial institutions, reduce inflation, and rebuild reserves to support long-term growth.
Source:Lovinghananews.com
