Ghana receives significant support from IMF
The Ghana government’s account has been credited with $360 million by the World Bank from its International Development Association (IDA) for Ghana.
The disbursed $360 is under the Second Resilient Recovery Development Policy Financing operation, to support the Government of Ghana’s efforts to restore macroeconomic stability.
Additionally, it aims to reinforce the foundations for more sustainable and resilient economic growth, thereby facilitating job creation.
The World Bank board approved the facility in June 2025, which was later ratified by Ghana’s parliament in July 2025.
The disbursement, on Thursday, September 11, 2025, formed part of a broad World Bank engagement for crisis response and resilience in Ghana.
Its main objectives are to restore fiscal sustainability, provide support for financial sector stability and private sector development, improve energy sector financial discipline and strengthen social and climate resilience.
According to a report by Myjoyonline.com, the specific reforms supported by the programme will promote fiscal discipline and greater domestic revenue mobilisation.
It will also enhance the stability of the financial sector and promote private investment for private-sector-led growth. Support measures to improve the financial sustainability of the energy sector, ensuring efficient management and operations.
Reforms will be implemented under the program to enhance social resilience and incorporate climate considerations into public policy, driving sustainable development.
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According to the Finance Committee report on July 2, 2025, the loan is part of a broader support package from the World Bank to Ghana.
This support builds upon previous budgetary assistance provided through the initial Resilient Recovery Development Policy Financing (DPF). It’s structured to bolster the reforms Ghana is implementing as part of its program with the International Monetary Fund (IMF).
It is also expected to support the country’s post-crisis economic recovery and long-term resilience.
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