Ghana has entered the second week of negotiations with the International Monetary Fund (IMF) as part of the country’s ongoing fifth review.
According to sources close to GhanaWeb Business, Ghana is expected to conclude negotiations with the Fund by October 10, 2025.
A positive outcome will unlock the final tranche of $360 million, bringing total support under the country’s $3 billion Extended Credit Facility (ECF) to $2.66 billion.
The IMF mission, led by Dr Ruben Atoyan, has been in Accra since late September, meeting with technical teams from the Ministry of Finance and the Bank of Ghana to evaluate progress on fiscal consolidation, debt restructuring, and monetary policy targets.
IMF begins fifth review of Ghana’s programme
This phase of the review places significant emphasis on domestic revenue mobilisation, a critical component of Ghana’s broader economic recovery plan.
A successful review is expected to further anchor investor confidence, support foreign exchange reserves, and help sustain the country’s ongoing efforts to restore macroeconomic stability.
Meanwhile, President John Dramani Mahama has announced that Ghana is ready to re-enter the capital market, attract more Foreign Direct Investment (FDI), and position itself as an investment hub on the continent.
SP/SA
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