Finance Minister Dr Cassiel Ato Forson has announced that the International Monetary Fund (IMF) is expected to approve the final review of Ghana’s Extended Credit Facility (ECF) programme next week, marking the successful completion of the country’s bailout programme.
Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, Dr Forson said the anticipated approval would bring Ghana’s IMF-supported programme to a close after helping to restore macroeconomic stability and strengthen the country’s economic recovery.
He disclosed that the IMF is also expected to approve a new three-year Policy Coordination Instrument (PCI) to support the government’s ongoing economic reform agenda without providing additional financial assistance.
According to the Finance Minister, the proposed programme will focus on maintaining fiscal discipline, ensuring debt sustainability, safeguarding financial sector stability and promoting inclusive economic growth.
Dr Forson said the transition from the Extended Credit Facility to the Policy Coordination Instrument reflects growing confidence in Ghana’s economic management and signals the country’s readiness to sustain reforms while preserving macroeconomic stability.
