Ghana could gain additional financial space for development projects after the International Monetary Fund (IMF) approved a shift away from aggressive fiscal tightening from 2027. The Fund said Ghana’s improved debt outlook and stronger economic stability have created room for government to reduce its primary surplus target while still staying on track to achieve its debt reduction goal. Under the proposed adjustment, Ghana’s primary surplus target would be lowered from 1.5% of GDP to 0.5% beginning in 2027. “The authorities viewed the more relaxed fiscal stance as justified by strong policy action and sustained improvement in debt dynamics,” the IMF said. The Fund added that Ghana remains committed to fiscal reforms and increased revenue mobilisation to support long-term economic stability.