Audio By Carbonatix
Ghana is expected to formally conclude its International Monetary Fund (IMF) Extended Credit Facility (ECF) programme next week, with the IMF Executive Board set to consider and approve the country's final programme review.
Finance Minister Dr. Cassiel Ato Forson made the announcement while presenting the 2026 Mid-Year Budget Review in Parliament on Jul 23 2026, describing the expected approval as a significant milestone in Ghana's economic recovery.
"Next week, the Executive Board of the IMF is expected to approve the final review of Ghana's Extended Credit Facility programme, bringing to a successful conclusion the financial bailout IMF programme," he told Parliament.
The three-year IMF-supported programme was introduced to help Ghana restore macroeconomic stability, implement fiscal reforms and restructure its debt following the country's economic crisis.
The anticipated approval will mark the successful completion of the bailout programme after Ghana met key policy and reform commitments agreed with the Fund.
The Finance Minister said government remains committed to sustaining the economic reforms implemented under the programme to ensure long-term macroeconomic stability and inclusive growth.
The announcement comes as government touts improvements in inflation, economic growth, debt sustainability, exchange rate stability and fiscal performance, which it says have laid a stronger foundation for the country's post-IMF economic agenda.
Latest Stories
-
I remain fully committed to judicial independence – Mahama
2 minutes -
NDC opens nominations for 2026 constituency executive elections on September 15
2 minutes -
GROW2 project exceeds targets for women farmers in Northern Ghana
18 minutes -
Twenty-five dead after fire on cargo ship in eastern China
19 minutes -
The Battle For The Soul of the Ghanaian BAR: Is it a freedom of association or regulatory anarchy?
21 minutes -
Mahama urges new Supreme Court Justices to draw on diverse experience
27 minutes -
Mahama urges judges to uphold impartiality in all cases including politically sensitive ones
31 minutes -
Mass exodus hits Category C and D schools as heads scout for students at Kumasi centre
40 minutes -
Photos: Jama, chants and school pride as NSMQ 2026 grand finale heats up
42 minutes -
Supreme Court oath is ‘consequential, not ceremonial’ – Mahama tells new justices
45 minutes -
ATLF2026: Tourism industry players honoured at event in Limpopo, South Africa
46 minutes -
Obuasi SecTech closure leaves newly placed students in limbo as Adansi group demands reopening
46 minutes -
Livestream: NSMQ 2026 Grand Finale, PRESEC, AUGUSCO and Accra Academy battle for national glory
52 minutes -
Best Assurance donates GH¢100,000 to GETFund to support education
55 minutes -
Uphold Constitution, administer justice without fear or favour – Mahama to new Justices
1 hour