President Mahama
President John Dramani Mahama has reaffirmed the country’s commitment to fiscal discipline as it works towards exiting the International Monetary Fund (IMF) programme by 2026.
Speaking at the 9th Ghana CEO Summit, President Mahama emphasized the importance of 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,” President Mahama stated.
The President noted that the government is on track to complete the fourth review of the IMF programme by June 2025, a crucial milestone in the country’s economic recovery journey.
“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.
The 9th Ghana CEO Summit, themed “Transforming Business and Governance for a Sustainable Futuristic Economy,” provided a platform for stakeholders to discuss the country’s economic progress and future prospects.
As Ghana approaches the final stages of the IMF-supported programme, stakeholders are closely watching the government’s economic recovery and reforms.