Stephane Roudet is IMF Mission Chief for Ghana
The International Monetary Fund (IMF) has commenced its fourth review mission in Ghana under the country’s Extended Credit Facility (ECF) program for 2023–2026.
According to the Ministry of Finance, the two-week assessment, running from April 2 to April 15, will evaluate Ghana’s economic performance and progress in implementing key structural reforms.
So far, the review began with discussions at the Ministry of Finance and the Bank of Ghana, focusing on Ghana’s fiscal performance in 2024.
“Over the coming days, the IMF delegation will engage with senior government officials, Central Bank executives, and key stakeholders to assess critical economic indicators such as inflation control, monetary policy, and fiscal discipline,” a statement from the Ministry on April 2, 2025 read.
“A key aspect of the review will be Ghana’s compliance with IMF targets related to economic stabilization and debt restructuring. The outcome will determine whether the country qualifies for the next tranche of IMF financial support, vital for sustaining macroeconomic stability and boosting investor confidence,” it explained.
Minister of Finance, Dr. Cassiel Ato Forson on his part underscored the government’s commitment to economic resilience, citing the passage of transformative tax amendment bills, major reforms in public procurement, and other policies outlined in the 2025 Budget.
He also expressed optimism that with improving macroeconomic indicators, Ghana’s economy could stabilize by May 2025.
The review mission will include additional meetings and technical discussions, culminating in a final IMF statement on April 15, 2025.
MA