29/05/2026
Ghana's Finance Minister declared that the country will no longer seek financial bailouts from the IMF after overcoming a severe economic crisis.
Ghana plans to conclude its current IMF program and transition to a Policy Coordination Instrument focused on reforms and investor confidence, not direct funding.
Major reforms included fiscal discipline measures, cutting wasteful spending, repealing certain taxes, and reducing the size of government.
The government implemented systems to control public spending, manage debt, and stabilize foreign reserves, aiming for a primary budget surplus by 2026.
