- Ghana’s 5th IMF review set to conclude by October 10
- Successful review to unlock $360M, total disbursement to reach $2.66B
- Meetings involve Ministry of Finance and Bank of Ghana teams
Ghana’s fifth review under the International Monetary Fund (IMF) programme is now in its second week, with negotiations expected to wrap up by October 10. A successful review will unlock a $360 million disbursement, bringing total funding under the $3 billion Extended Credit Facility (ECF) to $2.66 billion.
The IMF mission, headed by Dr. Ruben Atoyan, has been in Accra since late September, holding discussions with technical teams from the Ministry of Finance and the Bank of Ghana. Talks are focused on assessing progress in fiscal consolidation, debt restructuring, and monetary policy targets.
According to sources familiar with the negotiations, this review phase is placing strong emphasis on domestic revenue mobilisation, a key pillar in Ghana’s broader strategy for economic recovery.
A favourable outcome is expected to boost investor confidence, strengthen foreign reserves, and reinforce efforts to restore macroeconomic stability.
