Ghana: Fifth Review Under the Arrangement Under the Extended Credit Facility, Requests for Modification of the Monetary Policy Consultation Clause and Program Extension, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Ghana
December 22, 2025
Summary
Facing policy and reforms setbacks in 2024, the new authorities introduced
strong measures to steer the IMF-supported program back on track and complete the
4th ECF review in July 2025. President Mahama has repeatedly committed to fully
implementing the Fund-supported program, an essential anchor to secure
macroeconomic stabilization, address Ghana’s long-standing vulnerabilities, and bolster
confidence and spur inclusive growth. While macroeconomic stabilization is taking root,
Ghana still faces significant infrastructure and social gaps alongside emerging security
threats.
strong measures to steer the IMF-supported program back on track and complete the
4th ECF review in July 2025. President Mahama has repeatedly committed to fully
implementing the Fund-supported program, an essential anchor to secure
macroeconomic stabilization, address Ghana’s long-standing vulnerabilities, and bolster
confidence and spur inclusive growth. While macroeconomic stabilization is taking root,
Ghana still faces significant infrastructure and social gaps alongside emerging security
threats.
Subject: Economic sectors, Energy sector, Financial institutions, Financial sector policy and analysis, Financial sector stability, Foreign exchange, State-owned banks
Keywords: Energy sector, Financial sector stability, State-owned banks
Pages:
133
Volume:
2025
DOI:
Issue:
343
Series:
Country Report No. 2025/343
Stock No:
1GHAEA2025002
ISBN:
9798229034173
ISSN:
1934-7685






