A visiting team from the is expected to complete the final review of ’s Extended Credit Facility (ECF) programme on Friday, May 15, 2026.
The IMF delegation, led by , has been in Ghana since April 29 for the sixth review mission under the country’s ongoing IMF-supported economic recovery programme.
According to sources familiar with the discussions, engagements between government officials and the IMF team are progressing largely as planned despite lingering concerns in the energy sector, including funding pressures, restructuring challenges and debt management issues.
Reports indicate that the Fund is generally satisfied with reforms in the monetary and banking sectors, particularly measures involving state-owned banks. However, concerns surrounding one private commercial bank are reportedly yet to be resolved.
The review is expected to assess Ghana’s overall economic performance since the fifth review and determine whether delayed structural reforms and policy targets have been completed or are nearing completion.
Key discussions are also focusing on fiscal discipline, energy sector reforms, government spending priorities and social protection programmes.
The outcome of the review will determine whether Ghana qualifies for the final tranche of IMF financial support under the programme.
Speaking during engagements with the IMF team, Finance Minister described the programme as “transformative,” saying it has helped stabilise the economy, restore credibility and renew hope among Ghanaians.
“It has been a long, demanding, but ultimately transformative journey,” he stated.
Dr Forson added that government’s next focus would be on translating macroeconomic stability into jobs, investment and broader economic opportunities for citizens.
Ghana’s 36-month Extended Credit Facility programme was approved in May 2023 with support valued at about US$3 billion.
The IMF currently projects Ghana’s economy to grow by 4.8% in 2026, while inflation is expected to decline to 7.9% if current economic trends continue.
