IMF Review: Optimistic Finance Minister Says Talks Have Been Positive
The Minister for Finance, Dr Cassiel Ato Forson has provided a brief insight into the meetings with officials of the International Monetary Fund (IMF) as part of its fourth review mission in Ghana under the country’s Extended Credit Facility (ECF) programme for 2023–2026.
According to him, the discussions so far have been candid and collaborative.
“This week has been marked by a series of meetings with the visiting IMF team. Our discussions have been open, constructive, and grounded in transparency and honesty,” he updated on Facebook.
The Minister reiterated the government’s commitment to cooperation, adding that he was “optimistic” about the final round of meetings next week.
The IMF began the review on April 2 and is expected to end on April 15 when the IMF’s final statement would be delivered.
The review began with discussions at the Ministry of Finance and the Bank of Ghana, focusing on the country’s fiscal performance for 2024.
The team is evaluating key economic indicators, including inflation control, monetary policy, and structural reforms.
The mission is also assessing Ghana’s progress in meeting IMF targets related to fiscal discipline, economic stabilization, and debt restructuring.
The outcome will determine whether Ghana qualifies for the next tranche of financial support from the IMF, which is crucial for maintaining macroeconomic stability.
Source: opemsuo.com/Hajara Fuseini
