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
-
Prince-Osei Owusu nominated for MLS All-Star Game after Montreal Player of the Month award
56 minutes -
AFCON U-17: Black Starlets beat South Africa 3-1 but await CAF draw of lots to determine fate
1 hour -
Spain midfielder Fermin Lopez ruled out of World Cup
4 hours -
Major-minor nations split in World Cup qualifying
4 hours -
Players to cut short French Open interviews in pay row
4 hours -
NATARAJ Art competition inspires young creativity in Ghana
4 hours -
Empty rooms and FIFA cancellations – US hotels fear World Cup washout
4 hours -
Prince William celebrates ‘amazing night’ as Villa fans party
4 hours -
Ebola vaccine could take nine months as death toll rises further, WHO warns
4 hours -
Money can be traced in GIIF ‘Sky Train’ case – Kow Essuman fires back at Deputy AG
4 hours -
25/26 UEFA Europa League: Unai Emery leads Aston Villa to first European trophy in 44 years
4 hours -
Southampton lose appeal against play-off expulsion
5 hours -
SkySat Technologies, Konica Minolta launch VIP Experience in Accra
5 hours -
Africa’s capital must power digital innovation and infrastructure – KGL Group Chair
5 hours -
Policy rate cuts won’t spur growth without cheaper bank loans – Economist
5 hours