President John Dramani Mahama has reiterated his government’s unwavering commitment to maintaining fiscal discipline even after Ghana exits the International Monetary Fund (IMF) programme in 2026.
Addressing participants at the 9th Ghana CEO Summit on Monday, May 26, under the theme “Transforming Business and Governance for a Sustainable Futuristic Economy,” Mahama emphasized the importance of responsible government spending and borrowing.
“Completing the IMF programme with discipline is only the beginning—we will uphold that discipline in our financial management and aim to meet every target under the IMF’s extended credit facility,” Mahama stated.
He also revealed that the government is on track to complete the crucial fourth review of the IMF programme by June 2025, a significant milestone on Ghana’s journey toward economic self-sufficiency.
Following the programme’s conclusion, Mahama said Ghana will transition to Article IV consultations and adopt the Policy Support Instrument (PSI), marking a shift toward a more sustainable, non-borrowing partnership with the IMF.
As Ghana moves into the final phase of the IMF-supported programme, both local and international observers are watching closely to see if the government can maintain its commitment to economic reform and recovery.
