Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, has stepped up efforts to mobilize financial and technical support at the ongoing IMF and World Bank Spring Meetings in Washington, D.C., as the government intensifies its drive to stabilize the economy and gradually restore access to international capital markets.
Dr. Forson, accompanied by the Governor of the Bank of Ghana, Dr. Johnson Asiama, Senior Economic Advisor Seth Terkper, and Chairman of the National Development Planning Commission (NDPC) Dr. Nii Moi Thompson, engaged in high-level discussions with officials from the IMF’s Money and Capital Markets Division (MCM). The meeting focused on strengthening financial sector reforms, refining monetary policy strategies, and implementing initiatives to boost investor confidence and market resilience.
The engagement formed part of a broader strategy by the Ghanaian delegation to leverage the Spring Meetings to accelerate post-crisis economic recovery and reposition Ghana as a credible player within global financial markets. Key insights from the discussions with the IMF’s MCM team are expected to shape upcoming reforms aimed at safeguarding the financial system and reinforcing macroeconomic stability.
With limited access to global capital markets following recent debt restructuring efforts, Ghana is actively working to rebuild investor trust and facilitate its re-entry into the bond markets as part of a wider medium-term recovery plan.
On the sidelines of the Meetings, Dr. Forson reaffirmed the government’s commitment to sound economic management, pointing to notable improvements in key macroeconomic indicators. He pointed out that Ghana’s economy was firmly on the path to recovery, underpinned by a strong reform agenda designed to drive sustainable growth and resilience, highlighting that key macroeconomic indicators are showing signs of improvement. He noted that Ghana’s economy was on a recovery path, reinforcing confidence in the country’s medium-term growth prospects.
