President John Dramani Mahama has reaffirmed his administration’s commitment to maintaining fiscal discipline as Ghana prepares to exit the International Monetary Fund (IMF) programme by 2026.

Addressing the 9th Ghana CEO Summit on Monday, 26 May, under the theme “Transforming Business and Governance for a Sustainable Futuristic Economy”, President Mahama stressed the importance of responsible government spending and borrowing as the country navigates its economic recovery.

“Completing the IMF programme with discipline, we will continue the discipline in government expenditure and borrowing and work to achieve all targets under the extended credit facility programme with the IMF,” he stated.

The President further disclosed that the government is on track to complete the fourth review of the IMF programme by June 2025, a crucial milestone in Ghana’s roadmap toward economic stability and financial independence.

“Afterwards, we will participate in Article IV consultations and adopt the Policy Support Instrument framework, signalling Ghana’s return to responsible, non-borrowing engagement with the Fund,” he added.