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Thursday, 29 October 2026
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Thursday, 29 October 2026
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Ghanaian press · Organization

International Monetary Fund

Also known as: IMF · The Fund · EcoCapital Prime Fund Plc · ShEquity Climate Fund L.P. · InvestCorp Treasury Securities Fund · ITSF · NGIS Money Market Fund PLC · NGIS Money Market Fund · Upper West Regional Chief Imam Educational Endowment Fund

International Monetary Fund — multilateral organization conducting fiscal reviews and economic projections for Ghana, with resident representative leading delegation visits to assess state enterprise operations.

2026-04-262026-10-29

News reports

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In coverage

Verbatim sentences from the source article.

  1. October 2026
  2. Joy Online

    … However, he identified several factors that could help limit election-year fiscal pressures, including Ghana’s participation in the International Monetary Fund’s 36-month Policy Coordination Instrument, the government’s reserve accumulation policy and the debt restructuring compl …

    Mahama must outline his long-term economic transformation roadmap to Ghanaians – Prof Stephen Adei
  3. Joy Online

    … He added that the World Bank and the International Monetary Fund had projected growth within a range of 4.8 to 5.7 per cent. …

    Ghana must turn economic stability into transformation – Prof Stephen Adei
  4. Joy Online

    … Speaking on JoyNews’ Newsfile on Saturday, October 17, 2026, the Damongo MP argued that Ghana would still require clearance from the International Monetary Fund (IMF) to access certain forms of financial assistance. …

    Samuel Jinapor questions expected economic benefits of Ghana’s proposed BRICS partnership
  5. Joy Online

    … Since the DDEP, debt has also been managed through a widening set of tools outside regular competitive auctions: reopenings and possible placements of DDEP bonds, non-cash issuance, payment-in-kind coupons, Sinking Fund prefunding, and a planned liability-management programme. …

    Dr. Mohammed Amin Adam writes: Ghana’s 2026 domestic debt financing
  6. Joy Online

    … Dr Mumuni was speaking at the High-Level West Africa–Asia Capital Dialogue in Bangkok, Thailand, on the sidelines of the Annual Meetings of the International Monetary Fund and the World Bank. …

    BoG pledges stability to attract investment, urges stronger Africa–Asia partnerships
  7. Joy Online

    Ghana is entering the coming months from a strong position to withstand potential commodity price shocks, the Director of the International Monetary Fund’s African Department, Zeine Zeidane, has said. …

    Ghana better placed to withstand commodity price shocks – IMF
  8. Joy Online

    Dr Johnson Asiama, Governor of the Bank of Ghana, has urged the International Monetary Fund (IMF) to support Africa’s growth by helping the continent to take control of its digital future and use artificial intelligence (AI) responsibly. …

    BoG Governor rallies IMF to back Africa’s digital sovereignty
  9. Joy Online

    Overestimating the capabilities of AI and the risk of it escaping human control could undermine the global economy, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday. …

    IMF Chief identifies 2 major threats posed by AI to global economy
  10. Joy Online

    … The meeting, which will take place after the Finance Minister returns from the World Bank and International Monetary Fund meetings, is expected to resolve concerns that the new law rolls back some of the incentives enjoyed by businesses operating under the scheme. …

    Mahama to meet relevant stakeholders over concerns about the new Customs Act
  11. Joy Online

    The International Monetary Fund (IMF) says rising global commodity prices, particularly gold, were a major factor behind its decision to raise Ghana’s economic growth forecast for 2026. …

    Soaring commodity prices influenced our 2026 revised growth forecast of 5.7 % for Ghana – IMF
World & Region

Putin accuses West of using debt to control Africa

The News

At the Russia-Africa Summit in Moscow, Russian President Vladimir Putin accused Western countries of imposing unfavourable financial conditions and sanctions on African nations to maintain influence and divert resources from development. Delegations from 48 African countries attended the two-day summit, which covered trade, investment, security, agriculture and technology.

7 hours ago · Joy Online →

Yesterday

  1. Putin accuses West of using debt to control Africa

    At the Russia-Africa Summit in Moscow, Russian President Vladimir Putin accused Western countries of imposing unfavourable financial conditions and sanctions on African nations to maintain influence and divert resources from development. Delegations from 48 African countries attended the two-day summit, which covered trade, investment, security, agriculture and technology.

    7 hours ago · Joy Online →

  2. Ghana applies to join BRICS for economic diversification

    Ghana's government has applied to join BRICS as a partner to expand its economic options and diversify international partnerships, according to Foreign Affairs Minister Samuel Okudzeto Ablakwa. The government sees membership as opening new avenues for trade, investment, and cooperation within the Global South.

    18 hours ago · Joy Online →

Tuesday 27 October

  1. TOR MD challenges IMF over prescriptions for state enterprises

    Tema Oil Refinery Managing Director Edmond Kombat told the IMF that its past prescriptions for state-owned enterprises "haven't helped" developing countries, and noted that the Fund appears to be revising its approach. He said Ghana's state entities are now functioning profitably under President John Dramani Mahama.

    27 October 2026 · Joy Online →

  2. TOR MD challenges IMF over developing-country prescriptions

    The Managing Director of Tema Oil Refinery told the IMF at a Government Accountability Series press conference that the Fund's long-standing advice to developing countries on state-owned enterprises "hasn't helped" and that Ghana's state entities are now operating profitably under President John Dramani Mahama.

    27 October 2026 · Joy Online →

Monday 26 October

  1. IMF delegation visits TOR to assess rehabilitation and operations

    An International Monetary Fund delegation led by Ghana Resident Representative Dr. Adrian Alter visited the Tema Oil Refinery to review its operations, ongoing rehabilitation works, and management's efforts to restore financial and operational stability. The refinery's Managing Director told the delegation that management has relied on internally generated funds since taking office in May 2025 and mentioned plans to list TOR on the Ghana Stock Exchange.

    26 October 2026 · The Chronicle →

  2. Upper West Chief Imam's fund supports 61 tertiary students nationwide

    The Upper West Regional Chief Imam Educational Endowment Fund has disbursed GH¢138,536 to support 61 academically promising but financially disadvantaged students pursuing tertiary education in the 2026/27 academic year, up from 44 beneficiaries the previous year.

    26 October 2026 · Joy Online →

  3. Senegal's ruling Pastef party opposes revised budget bill

    Senegal's Pastef party, which controls the National Assembly, said it would not pass the government's revised budget, citing disagreements over budgetary decisions, financing arrangements, and insufficient parliamentary guarantees. The rejection risks delaying a $2.2 billion IMF program that underpins the country's debt restructuring strategy.

    26 October 2026 · Joy Online →

Sunday 25 October

  1. IMF delegation visits TOR to assess rehabilitation efforts

    An International Monetary Fund delegation, led by Ghana Resident Representative Dr. Adrian Alter, visited Tema Oil Refinery to review its operations and assess ongoing rehabilitation work. TOR's Managing Director reported the refinery has relied on internally generated funds since the current management took office in May 2025 to sustain operations and restore processing plants.

    25 October 2026 · Joy Online →

  2. TOR considers stock market listing to fund operations and restructure debt

    The Tema Oil Refinery is exploring a Ghana Stock Exchange listing to attract fresh investment while managing an inherited debt burden of approximately $517 million, including $120 million owed to government. Managing Director Edmond Kombat told an IMF delegation that the refinery has operated since May 2025 on internally generated funds without government support.

    25 October 2026 · Joy Online →

Friday 23 October

  1. 24-hour economy policy next phase focuses on job creation

    Ghana's 24-hour economy policy, launched in July 2025 to boost productivity and industrialisation, has laid its foundations, and the government's next priority is translating that groundwork into sustainable jobs, particularly for youth, according to Cape Coast South MP George Kweku Ricketts-Hagan.

    23 October 2026 · Joy Online →

  2. Mahama announces $10bn infrastructure programme over five years

    President Mahama has touted a $10 billion Big Push Infrastructure Programme to be implemented over five years with $2 billion allocated annually, designed to accelerate infrastructure development, create hundreds of thousands of jobs, and complete stalled projects. The initiative will begin with roads and expand to schools, hospitals, irrigation schemes, and other projects.

    23 October 2026 · Joy Online →

Thursday 22 October

  1. Editorial: Ghana's food insecurity threatens growth despite economic gains

    An editorial responding to nutritionist Professor Anna Lartey's warning that 65% of Ghanaians cannot afford a healthy diet and 43.5% experience moderate to severe food insecurity, argues that poor dietary quality undermines health, education, and economic productivity. The piece contends that despite reported macroeconomic improvements, these food security figures raise questions about whether Ghana's economic recovery is benefiting ordinary citizens.

    22 October 2026 · The Chronicle →

  2. IMF begins Ghana PCI review covering fiscal performance and inflation

    An IMF mission led by Dr Ruben Atoyan has opened formal discussions with the Ghanaian government to examine fiscal performance, revenue mobilisation, debt position and monetary policy over the first nine months of the year, while also reviewing preparations for the 2027 Budget and infrastructure investment plans.

    22 October 2026 · Joy Online →

  3. Ghana's banking sector stabilizes under Mahama after decade of crises

    Ghana's banking system has recovered following years of turmoil that saw 420 financial institutions collapse between 2017 and 2019, costing over 10,000 jobs and GH¢25 billion in government spending on a clean-up. Under John Mahama's government, recapitalized banks, lower borrowing costs, and greater currency stability mark a recovery built on stabilization and confidence.

    22 October 2026 · Joy Online →

  4. Ghana should prioritize job creation over aggressive spending cuts

    Professor Godfred Alufar Bokpin, an economist at the University of Ghana Business School, has urged the government to shift from expenditure cuts to job-led growth, warning that excessive spending compression risks undermining economic growth without creating decent jobs or attracting investment for inclusive development. Ghana's debt-to-GDP ratio declined from 61.8 per cent at the end of 2024 to 45 per cent by June 2026, achieving debt sustainability ahead of the IMF's 2028 programme target, but Prof Bokpin cautions that continuing over-compression of spending could stabilize the economy without fostering inclusive growth.

    22 October 2026 · Joy Online →

  5. Ghana cedi strengthens over three weeks as GoldBod supplies dollars

    The Ghana cedi has posted marginal weekly gains against the US dollar for more than three weeks, driven by improved foreign exchange liquidity and GoldBod's increased dollar supply. Bank of Ghana Governor Dr Johnson Asiama attributed earlier depreciation pressure to increased import demand ahead of Christmas and large energy sector payments, but assured investors the central bank was working with GoldBod to improve FX liquidity and sustain stability.

    22 October 2026 · Joy Online →

  6. Ghana develops five-year plan to advance reparations agenda

    Ghana has developed a five-year action plan to advance reparations through diplomatic engagement, reparative financing and reforms to the global financial architecture, aligning with the African Union's Decade of Reparations as President Mahama prepares to assume the role of AU Champion on Reparations.

    22 October 2026 · Joy Online →

Wednesday 21 October

  1. Ghana's economy projected to reach $128bn, stay 8th in Africa

    The International Monetary Fund projects Ghana's GDP to reach $128.64 billion in 2026 with 5.7% growth, maintaining the country's 8th largest economy position in Africa. Ghana's economy will rise from $108.1 billion in 2025 as it climbs from 10th to 8th position.

    21 October 2026 · Joy Online →

  2. 2027 Budget to prioritize job creation and economic transformation

    Ghana's 2027 Budget is expected to emphasize job creation, economic transformation, and growth-focused spending, with Finance Minister Dr Cassiel Ato Forson likely outlining measures to move beyond stabilisation towards sustained growth. The budget, expected to be presented under the theme "New Economy, New Ghana: Jobs and Prosperity," will prioritise local value addition as a driver of growth and employment while remaining within the government's fiscal and debt framework.

    21 October 2026 · Joy Online →

Tuesday 20 October

  1. IMF projects Ghana's GDP to reach $128.64bn in 2026

    The International Monetary Fund's October 2026 World Economic Outlook projects Ghana's gross domestic product at US$128.64 billion in 2026, positioning it as Africa's eighth-largest economy ahead of Ethiopia and the Democratic Republic of Congo. Ghana's economy is forecast to grow 5.7 per cent in real terms in 2026, above the sub-Saharan African regional average of 4.5 per cent.

    20 October 2026 · The Chronicle →

  2. Election transitions leave contractors unpaid, businesses struggling

    An opinion piece warns that Ghana's peaceful democratic transitions, while admirable, often result in new administrations leaving committed entrepreneurs unpaid and loyal workers uncertain, as government contracts are reviewed following changes of government—threatening businesses built over decades.

    20 October 2026 · Joy Online →

  3. Ghana prioritises equity investment over high-cost debt financing

    Ghana is prioritising equity investment over debt financing to sustain economic recovery and reduce reliance on high-cost borrowing, including Eurobonds, according to George Kweku Ricketts-Hagan, MP for Cape Coast South and member of Parliament's Finance Committee. He said the strategy aims to attract private and domestic capital into productive sectors capable of creating jobs while avoiding excessive borrowing that could increase the country's debt burden.

    20 October 2026 · Joy Online →

Monday 19 October

  1. Dr Jasaw calls for National Agriculture Development Fund

    The Wa East MP and Chairman of Parliament's Food and Agriculture Committee, Dr Godfred Seidu Jasaw, has called for a National Agriculture Development Fund to strengthen agricultural financing, improve climate resilience, and ensure resources reach farmers exposed to climate-related risks. He stressed Parliament's central role in shaping institutions through which agricultural financing reaches the economy and identified the CVF-V20 as a potential partner in exploring financing options.

    19 October 2026 · Joy Online →

  2. 1.2 billion young people face 400 million jobs in 15 years

    World Bank President Ajay Banga warned that over the next 10 to 15 years, 1.2 billion young people will enter a job market offering only about 400 million positions, and called for coordinated action among public finance, private investment, philanthropy, and technology to address the job shortage and make resources stretch further.

    19 October 2026 · Joy Online →

  3. Ghana must develop coherent strategy for great-power engagement

    An opinion piece argues that Ghana lacks a cohesive national strategy for engaging with major powers like China and the US, instead reacting to opportunities ad-hoc; the writer notes Ghana's significant economic entanglement with China—including over 100 Chinese enterprises, a Chinese-majority power plant generating 20% of electricity, and $17 billion in debt exposure—and calls for Ghana to shift from inconsistent practices to strategic, long-term engagement.

    19 October 2026 · Daily Guide →

  4. Africa's 30% of global critical minerals vital for AI transition

    The IMF says Africa's 30 per cent share of global critical mineral reserves positions the continent to benefit from surging demand for AI infrastructure and clean energy technologies. The Fund estimates that adopting and scaling AI across Africa could increase economic growth by more than four percentage points over 10 years.

    19 October 2026 · Joy Online →

  5. Ghana secures €323m for water project in north

    The government has secured €323 million in financing for the Northern Ghana Water and Sanitation Project to address water shortages in Tamale, Yendi, and Damongo, expected to benefit nearly 1.5 million people. The package comprises a €225 million facility from the European Investment Bank, a €68 million grant from the European Commission, and a €30 million grant from the Dutch government's Invest International initiative.

    19 October 2026 · Joy Online →

  6. Ghana's ministers lack incentives to pursue national strategy

    An opinion piece argues that poor ministerial performance stems not from individual failure but from a political system that rewards patronage and loyalty over merit, leaving national strategies unfulfilled because ministers have no incentive to pursue them.

    19 October 2026 · The Chronicle →

  7. IMF team arrives for Ghana review, 2027 budget and energy debts on agenda

    An International Monetary Fund mission led by Dr Ruben Atoyan is expected in Accra this week for Ghana's first review under the Policy Coordination Instrument, focusing on the 2027 Budget, fiscal performance through September 2026, banking-sector supervision, and energy-sector legacy debts.

    19 October 2026 · Joy Online →

  8. Gold rises as oil softens; Fed rate decision awaited

    Gold prices edged higher on Monday supported by softer oil prices, with spot gold rising 0.3% to $4,175.60 per ounce. Investors are monitoring the Federal Reserve's interest rate outlook and inflation signals, including upcoming PCE data and the central bank's policy meeting next week.

    19 October 2026 · Joy Online →

International Monetary Fund — Ghanaian press coverage · Ghana Minute