Ghana’s engagement with the International Monetary Fund (IMF) has entered a pivotal phase as Finance Minister Dr. Cassiel Ato Forson today officially welcomed the Fund’s mission team, led by Dr. Ruben Atoyan, to commence the fifth review of the country’s $3 billion IMF-supported programme.
At the opening session in Accra, Dr. Forson highlighted Ghana’s economic journey so far in 2025, noting that despite beginning the year with significant fiscal and structural challenges, decisive policy measures and collective action have helped to stabilise the economy and deliver measurable progress.
He described the fifth review as a critical opportunity to assess Ghana’s performance under the programme, refine its policy direction, and incorporate the IMF’s recommendations to sustain growth momentum.
For his part, Dr. Atoyan said the IMF team looks forward to constructive discussions in the coming days as they review Ghana’s progress on key targets, including fiscal discipline, revenue mobilisation, inflation control and financial sector resilience.
The meeting was attended by Bank of Ghana Governor Dr. Johnson Asiama, First Deputy Governor Dr. Zakari Mumuni, Deputy Finance Minister Thomas Nyarko Ampem, Chief Director of the Finance Ministry Patrick Nomo, and other senior officials from both the Ministry and the central bank.
The fifth review expected to run over the next two weeks and it’s crucial, as Ghana looks to unlock the next tranche of about $360 million in October and maintain the reform momentum ahead of the programme’s conclusion in May 2026.
