The government of Ghana has assured the public of its commitment to prioritising macroeconomic stability, job creation, and improved livelihoods as it meets with an International Monetary Fund (IMF) team from today, Monday, February 10, to Friday, February 14, 2025.
A statement issued by the Ministry of Finance confirmed that the meetings, led by IMF Mission Chief for Ghana, Stéphane Roudet, will focus on Ghana’s progress under the IMF-supported program and the government’s policy direction for the 2025 budget.
Key discussion areas will include revenue administration reforms, energy sector reforms, expenditure rationalisation, and monetary and exchange rate policy.
Representatives from the Bank of Ghana, Ghana Revenue Authority, Controller and Accountant General’s Department, and other key institutions are expected to participate in the meetings.
In January, Finance Minister Cassiel Ato Forson, then a nominee, hinted at the possibility that the Mahama administration could seek extra funding from the IMF during its current, three-year programme with the lender to cushion the economy.
“We are committed to work with the IMF, but we also want to ensure that we can raise financing; additional finance, working with IMF and other domestic, international partners,” Dr Forson told reporters.
“The reliance on Treasury bills and others has not been very helpful,” said Dr Forson, who also served as a deputy finance minister before.
