IMF Approves Fifth Review of Ghana Programme, Set to Release US$385 Million

The Executive Board of the International Monetary Fund (IMF) has completed the fifth review of Ghana’s 39-month Extended Credit Facility (ECF) arrangement, approving the immediate disbursement of about US$385 million (SDR 267.5 million). This brings total IMF disbursements to Ghana to approximately US$2.8 billion under the US$3 billion programme approved in May 2023.