Ghana, IMF concluding final review of $3b programme on Friday

The IMF mission, led by Ruben Atoyan, is scheduled to conclude the sixth and final review of Ghana’s $3 billion Extended Credit Facility on May 15, 2026.

Engagements remain on course despite persistent fiscal pressures in the energy sector and unresolved issues concerning a specific private commercial bank.

This review evaluates Ghana’s performance since the fifth review, focusing on structural reforms, debt management, and social protection spending to determine if the government has met the “prior actions” necessary to unlock the final funding tranche.

Finance Minister Cassiel Ato Forson has credited the programme with stabilising the economy and restoring credibility since the 2022 crisis, indicating that the next phase will prioritise private sector growth and job creation.

The IMF maintains a positive outlook for Ghana, projecting a 4.8% GDP growth rate for 2026 — outperforming the regional average — and forecasting that inflation will decline to 7.9% and remain in single digits through 2027.

Following the mission’s conclusion, a report is expected to be presented to the IMF Executive Board for final consideration in August 2026.

Source: classfmonline.com