Ecf

Gov’t, IMF reach staff-level agreement over ECF programme; $370m to be made available by Fund

IMF commences 4th review of Ghana’s bailout programme

IMF sets April 2025 to assess Ghana’s progress in meeting key requirements

Maintain a tight monetary policy stance – IMF to BoG

Ghana’s capacity to repay IMF adequate but significant downside risks persist

Energy sector is a major source of financial risk; legacy debts hit $2.1bn – IMF

Ghana’s growth rate to gradually increase to 5% beyond 2024 – IMF

Gains achieved so far under the ECF programme fragile – IMF cautions Ghana

Ghana’s fiscal performance on track to achieve primary surplus of 0.5% of GDP – IMF

It is crucial for government to continue to implement ECF programme to ensure sustainable growth, poverty reduction – IMF

Government reiterates its commitment to achieving a medium-term fiscal objective

Addressing Ghana’s financial sector challenges essential to ringfence financial sector stability – IMF

Cedi depreciates 9.65% to dollar since January 1, 2024, one dollar equals GH¢13.60

Your policies and reforms to restore macroeconomic stability generating positive results – IMF to Ghana

We will continue to implement policies to boost foreign reserves; reserves estimated at $6.2bn – Governor

We have abundant resources for higher growth; Don’t allow unambitiously low targets – IEA to government

$600m IMF cash credited to BoG account

Ghana breached Debt Sustainability Analysis leading to debt distress – IMF

IMF optimistic Ghana’s creditors will reach agreement soon on debt restructuring

IMF Board approval for Ghana will delay – EIU

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