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
- Current IMF membership: 189 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)
May 16, 2014
IMF Survey; October 31, 2013
October 31, 2013
In the biggest revamp of its support for low-income countries in two decades, the IMF activated a new package of lending facilities to the world’s poorest nations.
January 11, 2010
The International Monetary Fund (IMF) concluded today a successful pledging session, co-hosted by the African Development Bank (AfDB), with donors pledging to four of the IMF’s five African Regional Technical Assistance Centers (AFRITACs).
December 23, 2009
Mr. Murilo Portugal, Deputy Managing Director of the International Monetary Fund (IMF), and Ambassador Beatrice Maser Mallor, Head of Economic Cooperation and Development of the State Secretariat for Economic Affairs (SECO), signed today an agreement for a contribution of US$10 million by Switzerland to the IMF’s Africa Regional Technical Assistance Centers (AFRITACs).
December 11, 2009
IMF's Work on Ghana
September 14, 2016
Author/Editor: Montfort Mlachila ; Ahmat Jidoud ; Monique Newiak ; Bozena Radzewicz-Bak ; Misa Takebe
Series: African Departmental Paper No.16/5
September 2, 2016
August 30, 2016
August 24, 2016
Author/Editor: Tetsuya Konuki ; Mauricio Villafuerte
July 8, 2016
Author/Editor: Robert Dippelsman ; Venkat Josyula ; Eric Métreau
Series: Working Paper No. 16/133
Regional Economic Outlook
After an extended period of strong economic growth, many sub-Saharan African countries have been hit by a multiple of shocks—the sharp decline in commodity prices, tighter financing conditions, and a severe drought in southern and eastern Africa. Growth fell in 2015 to its lowest level in some 15 years and is expected to slow further to 3 percent in 2016. The growth performance, however, differs across countries, with most oil importers faring reasonably well. The region’s medium-term prospects remain favorable but many countries urgently need to reset their policies to reinvigorate growth and realize this potential. To this end, countries should adjust fiscal policies, and for those outside monetary unions, exchange rate flexibility, as part of a wider policy package, should also generally be part of the first line of defense. In the medium term, policies targeted at diversification and financial sector development could also strengthen resilience and boost growth.
Departmental Papers on Africa
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.
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.