The International Monetary Fund (IMF) Executive Board has approved the Fifth Review of Ghana’s performance under its three-year Extended Credit Facility (ECF) programme, marking another important milestone in the country’s economic recovery efforts.
The approval clears the way for the immediate disbursement of about US$380 million, bringing total IMF support to Ghana under the programme to US$2.8 billion.
In its decision, the IMF commended Ghana for its strong programme performance, citing significant progress in debt restructuring, fiscal discipline, and monetary policy management. The Board also praised the country’s steady advances in governance and structural reforms.
According to the IMF, Ghana’s commitment to prudent economic management has helped stabilize the economy, restore confidence, and lay the foundation for sustained growth.
Finance Minister Cassiel Ato Forson said the latest approval confirms that Ghana’s economic reset agenda is on track and will support job creation, economic transformation, and long-term stability.