Ghana and the IMF
Dec 2, 2024 · The last Article IV Executive Board Consultation was on January 19, 2024. Listed below are items related to Ghana.
Frequently Asked Questions on Ghana - IMF
4 days ago · The IMF’s primary focus is to support Ghana in restoring macroeconomic stability, ensuring debt sustainability, and fostering long lasting and inclusive growth. These are indeed the main objectives of the current IMF-supported program.
Ghana, IMF engage on recent macroeconomic developments
3 days ago · Ghana has so far accessed approximately $1.92 billion in total disbursements under the IMF-supported ECF arrangement, including a recent $360 million, disbursement following the third review.
IMF Staff Concludes Visit to Ghana
Feb 14, 2025 · Accra: An International Monetary Fund (IMF) staff team led by Stéphane Roudet visited Ghana during February 10-14 as part of their regular engagement with the Ghanaian authorities and other stakeholders. At the conclusion of the visit, Mr. Roudet issued the following statement: “The mission team engaged the Ghanaian …
Ghana: Third Review Under the Arrangement Under the Extended …
Dec 10, 2024 · Ghana has made significant headways under the Extended Credit Facility (ECF)-supported program. Following acute economic and financial pressures in 2022, the authorities have adjusted macroeconomic policies and launched comprehensive reforms.
GHANA . 2. INTERNATIONAL MONETARY FUND . FUND RELATIONS (As of May 31, 2021) I. Membership Status: Joined: September 20, 1957, Article VIII II. General Resources Account: SDR Million %Quota Quota 738.00 100.00 IMF's Holdings of Currency (Holdings Rate) 645.61 87.48 Reserve Tranche Position 92.46 12.53 III. SDR Department: SDR Million %Allocation
Ghana IMF loan: Will $3bn solve the economic crisis? - BBC
May 18, 2023 · It has just signed a new bailout programme with the International Monetary Fund (IMF) worth $3bn (£2.4bn) over three years to help ease the problems and is expected to receive the first tranche...
From Nkrumah to Akufo-Addo: Here are all the 17 times Ghana ran to the IMF
5 days ago · Ghana went to the IMF three different times after this, from May 25, 1967 to May 24, 1968, and then from May 28. 1968 to May 27, 1969, Ghana returned to the IMF.
Ghana and the IMF: A renewed partnership for economic stability …
Feb 10, 2025 · The IMF’s involvement in Ghana’s economic framework provides a more structured financial environment, enabling access to lower-interest credit facilities. The Ghanaian government, with IMF backing, may introduce SME-support initiatives such as tax incentives and capacity-building programs to drive innovation and job creation.
IMF board approves $3 billion bailout for Ghana amid economic …
May 18, 2023 · The International Monetary Fund’s executive board has approved a $3 billion bailout for Ghana in hopes of combating the country’s economic crisis. The IMF says the arrangement will allow for the immediate release of $600 million, with the remaining funds to be made available over the course of the next three years.