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IMF describes Ghana’s ECF programme as broadly satisfactorily
['William Agyapong']
The Ghana Report
The International Monetary Fund (IMF) has described Ghana’s performance under its Economic Credit Facility-supported programme as broadly satisfactory.
According to the Fund, the government sustained reform efforts—combined with favorable commodity-price developments—have delivered substantial macroeconomic stabilisation and debt sustainability gains.
The comprehensive debt restructuring is largely complete, and Ghana’s risk of debt distress has returned to moderate.
It pointed out that maintaining fiscal discipline remains a key priority in addressing Ghana’s pressing development, social, and security needs, while safeguarding debt sustainability consistent with Ghana’s debt anchor.
“Sustained progress on governance—including timely enactment of the reformed Conduct of Public Officials bill—will further bolster transparency, accountability, and public trust”.