IMF nears final review of Ghana’s $3bn programme -

The International Monetary Fund (IMF) is set to conclude the sixth and final review of Ghana’s $3 billion Extended Credit Facility programme on May 15, 2026.

The mission, led by Ruben Atoyan, is assessing Ghana’s performance on structural reforms, debt management, and social protection spending to determine whether the country has met the conditions required to unlock the final tranche of funding.

The review comes amid continued fiscal pressures in the energy sector and unresolved issues involving a private commercial bank. However, discussions between Ghanaian authorities and the IMF are said to be progressing steadily.

Cassiel Ato Forson has described the IMF-supported programme as key to stabilising the economy and restoring credibility following the 2022 economic crisis. He indicated that the next phase of policy focus will centre on private sector expansion and job creation.

The IMF maintains a positive outlook for Ghana, projecting 4.8% GDP growth in 2026, above the regional average, and forecasting inflation to decline to 7.9% and remain in single digits through 2027.

After the mission concludes, a report will be submitted to the IMF Executive Board for consideration in August 2026 for final approval of the programme’s last disbursement.