President John Dramani Mahama has reaffirmed his administration’s dedication to fiscal discipline as Ghana works toward exiting the International Monetary Fund (IMF) programme by 2026.
Speaking at the 9th Ghana CEO Summit on Monday, May 26, under the theme “Transforming Business and Governance for a Sustainable Futuristic Economy,” President Mahama underscored the need for prudent government spending and borrowing practices.
“Completing the IMF programme with discipline, we will continue the discipline in government expenditure and borrowing and work to achieve all targets under the extended credit facility programme with the IMF,” he said.
President John Dramani Mahama
He also noted that the government aims to complete the fourth review of the IMF programme by June 2025—a key milestone on the path to final programme completion.
“Afterwards, we will participate in Article IV consultations and adopt the Policy Support Instrument framework, signalling Ghana’s return to responsible, non-borrowing engagement with the Fund,” he added.
President Mahama’s remarks come as Ghana approaches the final stages of the IMF-supported programme, with stakeholders closely watching how the government manages its economic recovery and reforms.By:Patricia Boakye