This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Ghana and the IMF. Additional information can be found on Ghana and IMF country page, including official IMF reports and Executive Board documents in English that deal with Ghana.

At a Glance : Ghana's Relations with the IMF

  • Current membership: 188 countries
  • Ghana joined the Fund: September 20, 1957; Article VIII
  • Total Quotas: 369.0 Million
  • Loans outstanding: ECF Arrangements SDR 448.09 Million
  • Last Article IV Consultation: The last Article IV Executive Board Consultation was on May 7, 2014. (Country Report No. 14/129, May 30, 2014)

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Ghana and The IMF


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Regional Economic Outlook for Sub-Saharan Africa

AFR_REO_Cover_Eng_smallGrowth in sub-Saharan Africa has weakened after more than a decade of solid growth, although this overall outlook masks considerable variation across the region. Some countries have been negatively affected by falling prices of their main commodity exports. Oil-exporting countries, including Nigeria and Angola, have been hit hard by falling revenues and the resulting fiscal adjustments, while middle-income countries such as Ghana, South Africa, and Zambia are also facing unfavorable conditions. This October 2015 report discusses the fiscal and monetary policy adjustments necessary for these countries to adapt to the new environment. Chapter 2 looks at competitiveness in the region, analyzing the substantial trade integration that accompanied the recent period of high growth, and policy actions to nurture new sources of growth. Chapter 3 looks at the implications for the region of persistently high income and gender inequality and ways to reduce them.

Read the report

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Departmental Papers on Africa

Africa Departmental Papers Cover The Departmental African Paper Series covers research on Sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

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IMF Opens Africa Training Institute in Mauritius

The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.