23/12/2025
*IMF Credits BoG Account with $365m After Fifth Review Approval*
Some US$365 million from the International Monetary Fund (IMF) has been credited to the Bank of Ghana’s account on December 22, 2025, following the successful completion of the fifth review of Ghana’s programme with the Fund.
The disbursement comes after the IMF Executive Board approved the review on December 17, 2025, in Washington, DC, under the country’s Extended Credit Facility (ECF) arrangement.
With this latest inflow, Ghana’s total disbursements under the IMF programme now stand at about US$2.8 billion, since the country formally signed onto the programme on May 17, 2023. This marks the fifth tranche Ghana has received under the Fund-supported programme.
Budget support, market impact
Some market watchers say the immediate impact of the disbursement will be the additional fiscal space it provides government to finance projects captured in the 2025 Budget.
Under the programme arrangement, the primary purpose of the IMF inflow is to support budget ex*****on and strengthen external buffers.