Leading a high-level government delegation to Washington, D.C., for the 2025 Annual Meetings of the World Bank Group and the International Monetary Fund (IMF) is Minister of Finance Dr. Cassiel Ato Forson.
From Monday, October 13 to Saturday, October 18, finance ministers, central bank governors, development partners, and international investors will convene to discuss global economic priorities and sustainable growth plans.
Senior officials from the Bank of Ghana and the Ministry of Finance, as well as Dr. Johnson Asiama, the governor of the Bank of Ghana, join Dr. Forson.
The group will attend a number of high-profile events throughout the week, including as ministerial meetings, investor briefings, the sovereign debt roundtable, and bilateral talks with senior management from the World Bank and the IMF.
The sessions take place at a critical juncture in Ghana’s economic history.
At the Fifth Review of the IMF Extended Credit Facility (ECF), the nation recently reached a Staff-Level Agreement. This milestone is anticipated to release an extra US$385 million in support of Ghana’s reform program, provided it is approved by the IMF Executive Board.
Following this successful evaluation, Moody’s raised Ghana’s sovereign credit outlook in a substantial vote of confidence. This move is generally seen as a strong support of the government’s macroeconomic stabilization plan, structural reforms, and budgetary restraint.
Ghana’s position in its ongoing debt sustainability efforts is further strengthened by the signing of its fifth bilateral debt restructuring deal, which also occurs at the same time as this progress.
The IMF and World Bank have lauded Ghana’s economic team, headed by Dr. Forson, for prudent fiscal management and effective policy implementation that is reviving confidence and promoting inclusive growth. Dr. Forson aims to leverage this year’s meetings to strengthen multilateral ties, draw investment to key sectors, and push for a fairer global financial structure.
The 2025 Annual Meetings offer a crucial chance to build momentum, forge new alliances, and quicken Ghana’s transition to resilience and sustainable growth in light of the international attention being paid to the country’s reform narrative and the resurgence of investor faith in its economic trajectory.
