Ghana Unlocks $367 Million Disbursement From IMF After Review

Ghana Unlocks $367 Million Disbursement From IMF After Review

Ghana will receive another $367 million disbursement from the International Monetary Fund after passing the fourth review of its $3 billion program with the Washington-based lender.

IMF approves $367 million disbursement to Ghana after fourth review

IMF Applauds Ghana’s Reforms, Debt Structure

Ghana is making notable progress in its economic reform efforts and debt restructuring, the International Monetary Fund (IMF) said on Monday, six months after President John Mahama assumed office. Mahama, who returned to power following a sweeping victory in December, took office in January amid one of the worst economic crises the gold- and cocoa-rich nation has faced in years. Since then, his administration has been working to reset the econom…

IMF approves Ghana’s 4th ECF review, paving way for $370 Million disbursement

The International Monetary Fund (IMF) Executive Board has approved Ghana’s fourth review under the Extended Credit Facility (ECF) Programme, unlocking a substantial $370 million disbursement to support Ghana’s ongoing economic recovery efforts. This approval announced by the Minister of Finance, Dr Cassiel Ato Forson reflects the IMF’s endorsement of Ghana’s firm commitment to fiscal discipline, macroeconomic stability, and long-term structural …

Tourism breaks record with US$4.8bn receipts, 12% increase in inbound arrivals

By Wisdom JONNY-NUEKPE Ghana’s tourism sector has experienced a growth trajectory with last year marking a year of record-breaking performance as the sector’s progress returned to pre-pandemic levels. The latest Ghana Tourism Report, released by the Ghana Tourism Authority, under the theme ‘Growth and Stability’, reveals that the country welcomed 1.288 million international visitors in 2024, representing a 12 percent increase from the previous y…

IMF Executive Board approves $370m disbursement for Ghana – Finance Minister

The International Monetary Fund’s Executive Board has approved Ghana’s 4th Review under the Extended Credit Facility (ECF) Programme, unlocking a significant $370 million disbursement that signals growing international confidence in the West African nation’s economic recovery efforts. The approval, announced by Ghana’s Finance Minister Dr Cassiel Ato Forson on July 7, represents the fifth tranche […]