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IMF Team in Ghana for 5th Review of $3bn Credit Support Programme

A team of officials from the International Monetary Fund (IMF) is in Ghana for the 5th review of the country’s $3 billion programme. Minister for Finance Dr. Cassiel Ato Forson today officially welcomed the Fund’s mission team, led by Dr. Ruben Atoyan.

At the opening session in Accra, Dr. Forson spoke to Ghana’s economic journey so far in 2025, noting that despite  the significant fiscal and structural challenges at the beginning of the year, decisive policy measures and collective action have helped in achieving economic stability and measurable progress.

 

According to Dr. Forson, the fifth review as a critical opportunity to assess Ghana’s performance under the programme, refine its policy direction, and incorporate the IMF’s recommendations to sustain growth momentum.

 

“We began the year with many challenges, but together we have been able to steady the tide and make significant progress.
While we acknowledge that risks remain, we are committed to doing all we can to address them.” Dr. Forson posted on Facebook.
“Encouragingly, the indicators point in the right direction, and this mission provides us with an important opportunity to receive valuable feedback on the work we have done so far in serving the people of Ghana.” He asserted

On his part, Dr. Atoyan said the IMF team looks forward to constructive discussions in the coming days as they review Ghana’s progress on key targets, including fiscal discipline, revenue mobilization, inflation control and financial sector resilience.

Present at the meeting were: Bank of Ghana Governor Dr. Johnson Asiama, First Deputy Governor Dr. Zakari Mumuni, Deputy Finance Minister Thomas Nyarko Ampem, Chief Director of the Finance Ministry Patrick Nomo, and other senior officials from both the Ministry and the central bank.

The fifth review expected to run over the next two weeks and it’s crucial, as Ghana looks to unlock the next tranche of about $360 million in October and maintain the reform momentum ahead of the programme’s conclusion in May 2026.

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