Audio By Carbonatix
Finance Minister, Dr Cassiel Ato Forson, has affirmed Ghana’s steady progress under the International Monetary Fund (IMF) support programme, announcing that the country has received a fresh disbursement of US$367 million following the successful completion of its fourth review.
Presenting the 2025 Mid-Year Budget Review to Parliament on Thursday, July 24, Dr Forson revealed that a staff-level agreement was reached during the IMF’s fourth review mission in April 2025, with full Executive Board approval granted on 7th July, 2025.
“This unlocked a disbursement of US$367 million, bringing the total disbursement under this programme to US$2.3 billion,” the Minister stated.
According to him, Ghana remains firmly on track with the IMF-supported reforms, which aim to restore macroeconomic stability, rebuild investor confidence, and promote inclusive growth.
He noted that the next IMF review, the fifth in the series, is scheduled for September 2025 and will be based on economic data up to June.
“Mr Speaker, I am comfortable that Ghana is on course to achieve most of the targets for the fifth review,” he added.
Latest Stories
-
Glitz Africa announces awardees for Ghana Women of the Year Honours 2026
32 seconds -
‘This is an act of God’ – Mahama on Akosombo Substation fire
3 minutes -
Unemployed graduate returns GH₵4,000 he found at ATM
9 minutes -
Ghana’s key economic indicators show positive trajectory – Deloitte Ghana partner
20 minutes -
Bole-Bamboi MP urges colleagues to be innovative, think outside the box for development in constituencies
23 minutes -
Treat her like a queen with Joy FM’s ‘Mum’s Day Out’ experience
28 minutes -
There is a mismatch between reference rate and inflation – Mark Badu-Aboagye
29 minutes -
Mahama encourages VRA, says Akosombo fire offers fresh start to modernise facility
34 minutes -
TEWU urges government to uphold workers’ dignity in 2026 May Day message
42 minutes -
Mahama praises VRA engineers during Akosombo switchyard inspection
47 minutes -
UNDP supports Ghana’s efforts to rebuild its creditworthiness
47 minutes -
Ghana’s National AI strategy: What it really means for the economy and everyday life
56 minutes -
US reaffirms recognition of Morocco’s sovereignty over Western Sahara
1 hour -
Ghana’s Ambassador to Côte d’Ivoire rallies Black Starlets ahead of friendly matches in Abidjan
1 hour -
Structural bottlenecks blunt impact of Ghana’s macroeconomic gains – GNCCI CEO
1 hour