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Ghana has officially commenced the fifth review of its $3 billion International Monetary Fund (IMF) programme, with Finance Minister Dr. Cassiel Ato Forson welcoming the Fund’s mission team, led by Dr. Ruben Atoyan, at an opening session in Accra today.
Dr. Forson acknowledged the country’s economic journey through 2025, noting that Ghana began the year facing significant fiscal and structural challenges but has since achieved stability through decisive policy actions and collective national effort. He described the ongoing review as a crucial opportunity to evaluate progress, fine-tune policy direction, and adopt IMF recommendations to sustain growth.
Dr. Atoyan, head of the IMF mission, expressed optimism about the review process, emphasising the Fund’s commitment to engaging in constructive discussions on Ghana’s performance in areas such as fiscal discipline, revenue mobilisation, inflation control, and financial sector resilience.
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The session was attended by key economic managers, including Bank of Ghana Governor Dr. Johnson Asiama, First Deputy Governor Dr. Zakari Mumuni, Deputy Finance Minister Thomas Nyarko Ampem, and Finance Ministry Chief Director Patrick Nomo.
The two-week review is particularly significant as Ghana seeks to unlock its next disbursement of about $360 million in October while maintaining momentum in the reform programme, which is scheduled to conclude in May 2026.
Story By: Afia Ohenewaa Akyerem