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BusinessGeneralHeadlines

IMF programme on track, second review successfully completed – Finance Minister

Ghana clears second IMF programme review, paving way for $360 million third tranche.

Risa Wyettey Cofie By Risa Wyettey Cofie Published July 24, 2025
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Ghana’s ongoing International Monetary Fund (IMF) programme is firmly on track, with the second review successfully completed, according to Finance Minister, Dr. Cassiel Ato Forson.

Presenting the 2025 Mid-Year Budget Review in Parliament on Thursday, July 24, Dr. Forson announced that the second review under the IMF-supported Post-COVID-19 Programme for Economic Growth (PC-PEG) was completed in June 2025.

He said the successful outcome of the review has cleared the way for the release of the third tranche of US$360 million from the IMF.

“Mr. Speaker, the IMF-supported programme remains on track. The second review of the programme was successfully completed in June 2025, paving the way for the release of the third tranche of US$360 million,” he stated.

“This is a clear indication that we are progressing steadily and meeting the programme’s performance benchmarks,” the Minister added.

READ: We’ll increase domestic revenue without overburdening Ghanaians – Finance Minister

He noted that Ghana is also in line to receive additional budget support from the World Bank and other development partners following the review.

He reassured Parliament that the government remains committed to sustaining the gains achieved under the programme and implementing agreed reforms to consolidate macroeconomic stability.

Source: Starrfm.com.gh

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TAGGED:Ato Forson budgetGhana economy 2025IMF Ghana reviewIMF PC-PEGIMF third tranche
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By Risa Wyettey Cofie
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Risa Wyettey Cofie is passionate about discovering and telling stories, inspiring growth, building sought-after personal brands, and impacting lives. She’s an Author, a Digital Journalist, a Personal Brand Manager, and a Social Impact Advocate. She’s also a Web Content Manager at EIB Network; and the Founder of Star Your Brand, Today’s Youth Africa, Damsels on Fire Tour and Ghana Needs Peace Campaign.
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