IMF to review Ghana's fifth program in early December

The International Monetary Fund (IMF) will meet in the first week of December to consider Ghana’s fifth program under the fund.

This follows an agreement reached with Ghana in October 2025, after the fund’s last meeting.

According to sources close to GhanaWeb Business, the December date will allow for adequate preparation and review of the final staff report to be presented to the IMF’s Executive Board.

If Ghana successfully passes the assessment, the fund is expected to approve a disbursement of about US$380 million into the coffers of the Bank of Ghana, likely before mid-December 2025, bringing the total disbursement under the programme to US$2.6 billion.

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Following this process, a slot will be secured for the Executive Board to assess the report.

On October 10, 2025, the IMF announced that it had reached a staff-level agreement with Ghana following a two-week mission to assess developments on the ground.

The agreement is subject to IMF Management approval and Executive Board consideration.

However, the Minister of Finance, Dr Cassiel Ato Forson, as part of his speech in Washington, D.C., following the IMF meetings, announced that Ghana’s economic recovery is firmly on track and will sustain the gains.

He said, “The progress we are seeing is the result of deliberate policy choices and decisive reforms, reflected in declining debt vulnerabilities and stronger macroeconomic fundamentals.”

SP/MA

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