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Episode 1 Why did Ghana Opt for Financial Assistance in 2014? Ghana has been a member of the IMF since September, 1957 and has benefitted from several technical and financial assistance from the Fund. Notable IMF programmes Ghana has benefitted from include the Stand-By Agreement (SBA) in 1966, the Structural Adjustment Programme (SAP) in 1983, the Enhanced Structural Adjustment Facility (ESAF) in 1989, the Highly Indebted Poor Countries (HIPC) initiative which was rolled out in collaboration with the WB in 2002. In 2009, Ghana again benefitted from the Poverty Reduction and Growth Facility (PRGF) from the Fund.   Ghana’s macroeconomic...
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