Ghana has a running program with the International Monetary Fund (IMF)
The Minister of Finance, Dr Cassiel Ato Forson, has announced that Ghana’s fifth review under the International Monetary Fund (IMF) programme is scheduled for September 2025.
Presenting the 2025 Mid-Year Budget Review in Parliament on July 24, 2025, Dr Forson emphasised the government’s continued commitment to meeting the fiscal and structural benchmarks outlined under the IMF’s Extended Credit Facility (ECF) arrangement.
“The fifth IMF program review is set for September this year, and we are working diligently to meet all performance criteria. The review will be crucial for the next disbursement of funds and for maintaining investor confidence,” he stated.
Ghana entered into a three-year $3 billion IMF support program in May 2023 aimed at restoring macroeconomic stability and debt sustainability, following a period of economic turmoil.
The upcoming review will assess Ghana’s progress on key indicators, including domestic revenue mobilisation, expenditure control, debt restructuring, and reforms in the energy and financial sectors.
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