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Gov’t welcomes IMF mission for fifth review of $3bn programme

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Economist expresses concern over Ghana's inflation-interest rate gap

Economist expresses concern over Ghana's inflation-interest rate gap

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The Government of Ghana has welcomed a mission team from the International Monetary Fund (IMF) to begin the fifth review of the country’s $3 billion programme.

Finance Minister Dr. Cassiel Ato Forson, who received the delegation in Accra on Monday, September 29,said the review comes at a crucial moment as Ghana works to consolidate recent economic gains.

He noted that, despite starting 2025 with significant fiscal and structural challenges, policy interventions and collective action have helped to stabilise the economy.

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The IMF mission led by Dr. Ruben Atoyan, who pledged constructive engagement in the coming days as the team assesses Ghana’s performance in areas such as fiscal discipline, revenue mobilisation, inflation management, and financial sector resilience.

The opening session was attended by Bank of Ghana Governor Dr. Johnson Asiama, First Deputy Governor Dr. Zakari Mumuni, Deputy Finance Minister Thomas Nyarko Ampem, Finance Ministry Chief Director Patrick Nomo, and other senior officials.

The review, expected to last two weeks, will determine whether Ghana qualifies to access the next tranche of about $360 million in October. The programme, which began in 2022, is scheduled to conclude in May 2026.

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