The International Monetary Fund’s Executive Board has approved the fifth review of Ghana’s performance under its three-year Extended Credit Facility programme, clearing the way for a fresh disbursement of about US$380 million.
The latest approval brings total IMF support to approximately US$2.8 billion, reinforcing international confidence in Ghana’s ongoing economic recovery efforts.
In a statement, the Board commended Ghana for strong programme performance, citing notable progress in debt restructuring, sustained fiscal and monetary discipline, and steady advances in governance and structural reforms.
The IMF noted that these measures have helped stabilise the economy, restore macroeconomic balance and strengthen policy credibility amid challenging global conditions.
Government officials say the endorsement affirms Ghana’s commitment to economic reforms aimed at restoring growth, protecting jobs and driving long-term transformation. The ECF programme, which spans three years, is designed to support macroeconomic stability, improve public finances and lay the foundation for inclusive and resilient economic expansion.