Ghana has secured a $370 million disbursement from the International Monetary Fund (IMF) following the successful completion of the fourth review under the Extended Credit Facility (ECF) Program.
This latest tranche highlights the country’s dedication to implementing key economic reforms aimed at stabilising the economy and fostering sustainable growth. The IMF’s positive assessment reflects Ghana’s progress in fiscal consolidation, inflation control, and structural reforms.
The funds will support Ghana’s ongoing efforts to strengthen public finances and accelerate development projects, contributing to greater economic resilience and investor confidence. Officials from the Ministry of Finance welcomed the approval, emphasising that the partnership with the IMF remains crucial for Ghana’s economic recovery and long-term prosperity.
BY NYARKOH ABIGAIL
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