Ghana has moved into the last stage of its $3 billion International Monetary Fund support programme, with officials signaling confidence that the country will complete the arrangement on schedule in August 2026.
An IMF staff mission is expected in Accra this week to begin the sixth and final review of Ghana’s three-year Extended Credit Facility programme. The review is a major checkpoint that could clear the way for Ghana’s formal exit, pending final approval by the IMF Executive Board in Washington.
The visiting team will assess the country’s recent economic performance. That includes government spending discipline, inflation control, debt management, and progress on structural reforms. IMF officials are also expected to meet representatives from government, the Bank of Ghana, and civil society groups.
The final review comes after years of economic pressure that pushed Ghana to seek external support in 2023. Since then, authorities have implemented tax measures, fiscal adjustments, and debt restructuring efforts aimed at restoring stability and investor confidence.
Speaking to Citi Business News, Technical Advisor at the Ministry of Finance and economist Theo Acheampong said Ghana has largely delivered on its obligations under the programme.
“So there’s a mission that is planned for this week. We are now going to be undertaking the sixth and final review of the $3 billion extended credit facility that we entered into in 2023,” he said.
He pointed to earlier assessments as evidence that the programme remains on course.
“What is very clear from the fifth review is that we have met most of those programme targets,” he stated.
That view suggests Ghana may be positioned for a smoother exit than many countries that struggle to complete IMF-backed reform plans. A successful conclusion could also improve the country’s standing with lenders and investors looking for signs of long-term policy stability.
Acheampong said expectations for the final review remain strong, citing completed benchmarks and reform measures.
“We are looking forward to a very positive outcome in terms of the Fund’s final review in Ghana and the conclusion of the programme,” he added.
Once meetings in Accra are completed, the IMF mission is expected to prepare a report for its Executive Board. If approved, Ghana would officially complete the programme later this year.
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