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IMF Approves Fifth Review, Releases $380M to Ghana

IMF approves fifth review of Ghana programme, releasing $380 million to support economic recovery

Story Highlights
  • IMF approves the Fifth Review of Ghana’s Extended Credit Facility (ECF) programme
  • A sixth tranche of US$380 million will be released to support fiscal stability and ongoing reform initiatives
  • Finance Minister Dr. Cassiel Ato Forson describes the approval as a vote of confidence in Ghana’s reform agenda

The International Monetary Fund (IMF) has approved the Fifth Review of Ghana’s IMF-supported programme on Wednesday, 17 December 2025, signaling confidence in the country’s economic management.

The approval reflects Ghana’s strong performance under the Extended Credit Facility (ECF) programme, recognizing the government’s ongoing efforts to restore macroeconomic stability, strengthen public finances, and support economic recovery.

With the completion of the Fifth Review, a sixth tranche of US$380 million will be released, providing a boost to the country’s financial resources.

Welcoming the development, Finance Minister Dr. Cassiel Ato Forson described the IMF decision as a major milestone in Ghana’s economic recovery journey, emphasizing that it is a vote of confidence in the government’s reform agenda and economic management.

“This is clear confirmation that Ghana is firmly resetting for growth, jobs, and economic transformation,” Dr. Forson said.

The release of the funds is expected to support ongoing reform initiatives and strengthen the country’s fiscal position, reinforcing Ghana’s path toward sustainable growth.

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