The Executive Board of the International Monetary Fund (IMF) has approved the Fifth Review of Ghana’s IMF-supported programme under the Extended Credit Facility (ECF), paving the way for the release of a sixth tranche of US$380 million.
The approval, granted on Wednesday, December 17, 2025, reflects Ghana’s strong performance under the programme and recognises the Government’s sustained efforts to restore macroeconomic stability, strengthen public finances and support economic recovery.
The successful completion of the review underscores continued progress in the implementation of key reforms aimed at stabilising the economy and laying the foundation for inclusive growth.
Reacting to the decision, the Minister for Finance, Dr. Cassiel Ato Forson, welcomed the IMF Executive Board’s approval, describing it as a major milestone in Ghana’s economic recovery journey.
He said the decision represented a clear vote of confidence in the Government’s reform agenda and overall economic management.
“This is a strong confirmation that Ghana is firmly resetting for growth, jobs and economic transformation,” Dr. Forson said.
The latest disbursement is expected to further bolster Ghana’s balance of payments position and support ongoing efforts to sustain economic recovery and stability.