The mission team of the International Monetary Fund (IMF) to Ghana has arrived in the country for its fourth review as part of the West African country’s Extended Credit Facility programme with the Fund. The IMF staff team that is in the country for two-weeks will assess Ghana’s economic performance and its progress on structural reforms which outcome will determine whether or not the country qualifies for the next tranche of the $3 billion support.

Your authoritative financial news website, ceditalk, can confirm the IMF team has begun holding key discussions at the Ministry of Finance and the Bank of Ghana respectively focusing on Ghana’s 2024 fiscal performance. However, in the coming days, the team will engage with senior government officials, BOG executives and key executives to assess critical economic indicators including inflation control, monetary policy and structural reforms.

The Minister of Finance, Dr. Cassiel Ato Forson, is confident the economy could stabilise by May 2025 owing to the macroeconomic indicators trending in positive territory. While highlighting major achievements including the passing of various tax amendment bills and significant reforms in public procurement among others, Dr. Forson stressed on the importance of concluding the review within schedule in order that Ghana can receive additional $360 million bailout package as part of the 3-year post-covid programme for economic growth (PC-PEG).

At the last review that ended on February 14, 2025, the IMF staff team led by Stéphane Roudet took stock of progress made by the Ghanaian authorities in meeting key commitments under the programme. These commitments are to be formally assessed within the fourth review running from 2nd to 5th April.