IMF Staff ends Ghana visit, Credit Facility expected in April 2025

An International Monetary Fund (IMF) staff team, led by Stéphane Roudet, visited Ghana from February 10-14 to engage with government officials and other stakeholders on the country’s economic program.

In a statement following the visit, Mr. Roudet noted that the team reviewed Ghana’s progress in meeting key commitments under the IMF-supported program.

He confirmed that these commitments will be formally assessed during the fourth review of the Extended Credit Facility arrangement, set for April 2025.

“The mission team engaged the Ghanaian authorities on recent macroeconomic developments. It also started discussions on the policies that will underpin the 2025 budget. This dialogue is set to continue over the coming weeks.

“We also took stock of the authorities’ progress in meeting key commitments under the Fund-supported program. These will be formally assessed in the context of the fourth review of the Extended Credit Facility arrangement, which is expected to be undertaken in April 2025.”

The IMF extended its appreciation to Ghanaian authorities and stakeholders for their constructive engagement and support throughout the mission.

“IMF staff held meetings with H.E. President Mahama, Finance Minister Forson, and Bank of Ghana Acting Governor Asiama, and their teams, as well as representatives from various government agencies, and other key stakeholders. Staff would like to express their gratitude to the Ghanaian authorities and other stakeholders for their constructive engagement and support during this mission.”