Ghana outperformed inflation target under the IMF programme – Finance Minister

Ghana has successfully met all six Quantitative Performance Criteria (QPCs) and four Indicative Targets (ITs) under the IMF-supported Post-COVID-19 Programme for Economic Growth (PC-PEG) during the third review.

Finance Minister Dr. Mohammed Amin Adam announced that Ghana has reached a Staff Level Agreement (SLA) with the IMF, positioning the country to receive $360 million in December, bringing total disbursements to $1.992 billion.

Ghana's economic performance in 2024 showed real GDP growth of 5.8% for the first half, surpassing targets, while debt restructuring, fiscal consolidation, and inflation management also progressed well.