Discussions combined the 2026 Article IV consultation, final ECF review, and negotiations on a 36-month non-financing Policy Coordination Instrument (PCI), focusing on a credible fiscal path, resilience building, and structural reforms An International Monetary Fund (IMF) staff team, led by Mr. Ruben Atoyan, visited Accra during April 29 – MayContinue Reading

The International Monetary Fund (IMF) has approved an immediate disbursement of about 3.2 million U.S. dollars to Guinea-Bissau after completing the ninth and 10th reviews under the country’s Extended Credit Facility (ECF) arrangement, the IMF said.    The latest disbursement, equivalent to 2.37 million Special Drawing Rights (SDRs), brings totalContinue Reading

Hon. Ampem expressed optimism about Ghana’s economic recovery, attributing the progress partly to international partnerships including support from France The Government of Ghana has announced plans to establish an Independent Fiscal Council to strengthen financial oversight and decision-making after the country exits the International Monetary Fund (IMF) programme. The announcementContinue Reading

By Bright Simmons, Vice President, IMANI Africa Ahead of the holidays, I posted on Twitter (X) about the IMF’s disclosure that Ghana’s state-owned monopoly gold exporter and trader, GoldBod, has made trading losses of about $214 million. That act prompted the CEO of GoldBod to respond, and in a mostContinue Reading

By Francis Kobena Tandoh Ghana is expected to hire a transaction adviser to oversee the selection of private concessionaires for electricity distribution by the end of 2025, the International Monetary Fund (IMF) has said in its latest Staff Report on Ghana. According to the IMF, the selection of a privateContinue Reading