The Finance Ministry has described the completion of Ghana’s three-year Extended Credit Facility (ECF) programme as a major milestone towards restoring economic stability and strengthening the country’s economy.
According to the Ministry, the government maintained fiscal discipline, reduced inflation, strengthened external buffers and implemented key reforms that have created the foundation for sustainable economic growth.
The Ministry made the statement after Ghana successfully completed the final review of the IMF programme on Monday, July 27, 2026, in Washington DC, United States.
Following the approval of the review, the IMF Board approved the disbursement of the final tranche of US$371 million to Ghana, bringing the country closer to completing the US$3 billion programme approved in May 2023.
The Finance Ministry said the completion of the Extended Credit Facility marks the beginning of a new phase of engagement with the IMF through a 36-month Non-Bailout Policy Coordinating Instrument.
It explained that the new arrangement is non-financing and will support the government’s reform agenda while helping to sustain confidence in Ghana’s economic recovery plan.
The Ministry added that government remains committed to protecting the gains made so far and continuing with reforms aimed at building a stronger, more resilient and prosperous economy for Ghanaians.
