The IMF, under Stéphane Roudet’s leadership, completed a four-day mission to Ghana aimed at discussing recent macroeconomic developments and the 2025 budget. Engagements with top officials assessed Ghana’s compliance with its IMF agreements, with formal evaluations scheduled for April 2025. Continued discussions are essential for Ghana’s economic stability.
The International Monetary Fund (IMF), led by Stéphane Roudet, recently concluded a four-day mission to Ghana, which took place from February 10 to February 14. During this visit, the IMF team engaged with various government officials and stakeholders regarding critical economic issues facing the country.
Mr. Roudet stated that the discussions primarily focused on recent macroeconomic developments in Ghana. Additionally, the team initiated dialogue concerning the fiscal policies expected to shape the 2025 budget, with ongoing conversations anticipated in the coming weeks.
The mission reviewed Ghana’s adherence to commitments under the IMF-supported program. Roudet noted, “We also took stock of the authorities’ progress in meeting key commitments under the Fund-supported program,” with a formal assessment planned during the fourth review of the Extended Credit Facility arrangement slated for April 2025.
Throughout the engagement, IMF officials met with high-ranking Ghanaian leaders, including President John Mahama, Finance Minister Dr. Cassiel Ato Forson, and Acting Governor of the Bank of Ghana Dr. Maxwell Asiama, among others. The IMF team expressed appreciation for the constructive collaboration and support from all participants during the mission.
As Ghana prepares for its 2025 budget and the next review of the $3 billion Extended Credit Facility in April, these ongoing discussions are crucial. The results of this dialogue will be pivotal as the country strives for sustained economic stability and growth.
The IMF’s recent visit to Ghana highlights the importance of ongoing dialogue concerning macroeconomic development and financial commitments. With assessments of the government’s adherence to the IMF-supported program set for April 2025, these discussions are key to ensuring Ghana’s economic stability and preparing for the upcoming budget.
Original Source: www.gbcghanaonline.com
