
Audio By Carbonatix
Finance Minister Dr Cassiel Ato Forson has described Ghana’s programme with the International Monetary Fund (IMF) as a “success,” citing economic stabilisation and restored credibility as key achievements ahead of a crucial review of the arrangement.
In a Facebook post on Wednesday, April 29, marking the start of the Sixth Review of Ghana’s programme under the Extended Credit Facility, Dr Forson said the country’s journey from the 2022 economic crisis to the current stage reflects a “long, demanding, but ultimately transformative partnership” with the Fund.

He noted that the government, working closely with the IMF, has stabilised the economy, rebuilt confidence, and renewed hope among Ghanaians, attributing the progress to “discipline and difficult decisions taken in the national interest.”
The Finance Minister made the remarks after receiving an IMF mission team led by Ruben Atoyan in Accra to begin the review process.

Despite the gains, Dr Forson cautioned against complacency, pointing to youth unemployment as a major unresolved challenge.
He warned that failure to create opportunities for young people could place unsustainable pressure on the state.
“Our path forward is deliberate,” he said, stressing the need to translate macroeconomic stability into increased investment, job creation, and broader opportunities.

He further disclosed that the government will, before the conclusion of the IMF mission, take key decisions on the next phase of its economic reform agenda.
According to him, the reforms will focus on strengthening policy credibility, enforcing fiscal discipline, and boosting investor confidence.

Dr Forson added that the IMF team has acknowledged the progress made so far, describing the current stage as a significant milestone driven by strong government efforts.
The minister said with stability restored and credibility regained, the government’s priority now is to convert these gains into lasting prosperity, assuring that efforts will be sustained to maintain momentum.
Latest Stories
-
Ghana Navy participates in African Maritime Forces Summit in Morocco
3 minutes -
GNFS intensifies fire safety education in Eastern Region communities
4 minutes -
BoG, GoldBod finalising new financing model to reduce pressure on central bank balance sheet
7 minutes -
Michelin-starred restaurateur faces jail for using ants as dessert garnish
13 minutes -
The evidence that jailed Wontumi was built by NPP – Mustapha Gbande
17 minutes -
Africa can no longer rely on foreign aid for healthcare – Deputy Health Minister
28 minutes -
COCOBOD’s shift to local market financing is the right move – BoG
31 minutes -
Minority labels economy a ‘galamsey economy’, questions government’s growth claims ahead of budget review
32 minutes -
Joy FM’s Showbiz Roundtable to assess Mahama administration’s performance in tourism, culture and creative arts
32 minutes -
Finance Ministry must fund GoldBod operations after BoG exit – Economist
33 minutes -
BoG to sell remaining stakes in ADB, NIB – Dr. Asiama
42 minutes -
Ghana, Netherlands deepen security cooperation to combat organised crime and drug trafficking
44 minutes -
JoyNews’ Digital Economy forum aiming to shape Ghana’s digital future comes off tonight
50 minutes -
Africa must fund its own health systems to achieve universal healthcare – African Union Commissioner for Health
51 minutes -
UNFPA Ghana, Prudential Life Insurance graduate 25 former head porters in painting and tiling skills
52 minutes