… The call formed part of discussions between an IMF staff team led by Ruben Atoyan and Ghanaian authorities during a mission to Accra from April 29 to May 15 for the sixth and final review of Ghana’s Extended Credit Facility programme. …
We’ll use every legitimate means to stop ECG privitisation – TUCGhana Minute.
Sunday, 17 May 2026
Ghana’s news, on the hour · Est. 2026
Sunday, 17 May 2026
Accra—:—London—:—New York—:—Beijing—:—
Ghanaian press · Person
Ruben Atoyan
Also known as: Dr Ruben Atoyan · Mr Atoyan
IMF mission leader conducting Ghana's sixth Extended Credit Facility programme review in May 2026.
In coverage
Verbatim sentences from the source article.
- May 2026
… The IMF’s position emerged during discussions between an IMF staff team led by Ruben Atoyan and Ghanaian authorities during a mission to Accra from April 29 to May 15 for the sixth and final review of Ghana’s Extended Credit Facility programme. …
Dubik Mahama defends ECG reforms as IMF pushes for greater private sector participation… IMF Mission Chief to Ghana, Ruben Atoyan, described the central bank’s financial situation as a case of “financial sector inevitable capital,” but expressed confidence in the institution’s path to solvency. …
Government commits to fully recapitalising Bank of Ghana by 2032… IMF Chief Mission for Ghana, Ruben Atoyan, made the call during a joint briefing with the Ministry of Finance in Accra, following a Staff-Level Agreement on the sixth review under the Extended Credit Facility (ECF) arrangement. …
Ghana must seize hard-won fiscal space to drive growth, jobs – IMF… The IMF staff team was led by Ruben Atoyan.
Strengthen BoG’s balance sheet to reduce fiscal risks, others – IMF to government… The call formed part of discussions between an IMF staff team led by Ruben Atoyan and Ghanaian authorities during a mission to Accra from April 29 to May 15 for the sixth and final review of Ghana’s Extended Credit Facility programme. …
IMF pushes government to privatise ECG operations amid energy sector crisis… The warning came at the end of an IMF mission to Accra led by mission chief Ruben Atoyan. …
IMF warns BoG gold scheme could weaken central bank balance sheet… The statement follows a visit by an IMF staff team, led by Ruben Atoyan from April 29 to May 15, 2026, to discuss the 2026 Article IV consultation, the sixth and final review of the Extended Credit Facility (ECF), and the government request for a non-financing Policy Coordination …
Government announces completion of IMF bailout programme… An IMF staff team led by Ruben Atoyan visited Accra from April 29 to May 15 for discussions on Ghana’s 2026 Article IV consultation, the sixth and final review of the Extended Credit Facility (ECF), and the government’s request for a new non-financing Policy Coordination Instrume …
IMF backs Ghana’s recovery but warns against reform reversals… The IMF mission team, led by Ruben Atoyan, has been in Ghana since April 29, 2026, for the two-week sixth review mission. …
Visiting IMF team expected to complete final programme review on May 15
Politics
TUC vows to resist ECG privatisation, opposes IMF pressure
The News
The Trades Union Congress (Ghana) has stated it will use every legitimate means to stop privatisation of the Electricity Company of Ghana, following IMF pressure on Ghana to fast-track private sector participation in ECG's operations during the sixth and final review of Ghana's Extended Credit Facility programme.
Why it matters
TUC's formal resistance to ECG privatisation signals major labour-government tension over IMF-linked energy sector reform affecting millions of Ghanaians.
20 hours ago · Joy Online →
Yesterday
TUC vows to resist ECG privatisation, opposes IMF pressure
The Trades Union Congress (Ghana) has stated it will use every legitimate means to stop privatisation of the Electricity Company of Ghana, following IMF pressure on Ghana to fast-track private sector participation in ECG's operations during the sixth and final review of Ghana's Extended Credit Facility programme.
20 hours ago · Joy Online →
Former ECG chief defends reforms as IMF urges private participation
Former ECG Managing Director Samuel Dubik Mahama defended reforms he implemented during his tenure, citing progress in revenue generation, digitalisation and metering. The IMF has renewed pressure for Ghana to accelerate private sector participation in ECG operations to address persistent financial and operational challenges in the energy sector.
22 hours ago · Joy Online →
Government commits to recapitalize Bank of Ghana by 2032
The Government has affirmed its commitment to fully recapitalize the Bank of Ghana by 2032 following Parliament's passage of amended central bank legislation. Finance Minister Dr Cassiel Ato Forson announced this while disclosing the end of Ghana's three-year US$3 billion IMF-supported programme, noting the recapitalization would be gradual and address the central bank's negative equity position, which worsened to GH₵96.28 billion by end of 2025.
23 hours ago · Joy Online →
Ghana must use fiscal gains to drive growth and jobs—IMF
The IMF urged Ghana to leverage the significant fiscal space created by its economic stabilisation programme and policy reforms to drive strategic investments and create jobs. The briefing marked the end of Ghana's three-year US$3 billion IMF loan programme and the country's transition to a new 36-month Policy Coordination Instrument.
16 May 2026 · Joy Online →
Friday 15 May
IMF urges Ghana to strengthen Bank of Ghana balance sheet
The International Monetary Fund has called for prudent monetary policy and strengthening the Bank of Ghana's balance sheet to anchor inflation expectations and reduce fiscal risks, citing losses from the Domestic Gold Purchase Programme as evidence of the need for increased transparency and limits on quasi-fiscal activities.
15 May 2026 · Joy Online →
IMF urges Ghana to privatise ECG operations as energy crisis deepens
The International Monetary Fund has pushed Ghana to accelerate private sector participation in the Electricity Company of Ghana's operations, warning that persistent energy sector problems threaten public finances and economic stability. The IMF identified tackling ECG's distribution and collection losses, enhancing payment discipline, and clearing legacy arrears as priority reforms needed to protect public resources.
15 May 2026 · Joy Online →
IMF warns BoG gold scheme creates quasi-fiscal risks
The International Monetary Fund has warned that losses linked to the Bank of Ghana's Domestic Gold Purchase Programme are creating quasi-fiscal risks that could weaken the central bank's balance sheet. The IMF called for increased transparency and limits on quasi-fiscal activities to maintain confidence in monetary policy.
15 May 2026 · Joy Online →
Ghana completes IMF Extended Credit Facility programme ahead of schedule
The Government of Ghana has announced successful conclusion of its Extended Credit Facility financial bailout programme with the IMF, representing restoration of macroeconomic stability and debt sustainability. The government's efforts including fiscal consolidation and structural reforms have delivered results including significant inflation reduction, cedi strengthening, declining public debt as a share of GDP, strong economic growth rebound, and sovereign credit rating improvements from restricted default to 'B' with positive outlook.
15 May 2026 · Joy Online →
IMF praises Ghana's recovery, warns against abandoning reforms
The International Monetary Fund says Ghana's economic recovery programme has delivered "substantial stabilisation gains," with falling inflation, stronger fiscal performance and improved foreign reserves, though it cautions against reversing reforms amid global economic uncertainty.
15 May 2026 · Joy Online →
Monday 11 May
IMF team to complete Ghana sixth review by May 15
An IMF mission led by Ruben Atoyan is in Ghana for a two-week sixth review of the Extended Credit Facility programme and is expected to conclude on May 15. The team is assessing performance since the fifth review, with focus on energy sector reforms, debt management, and banking issues, though some matters remain unresolved.
11 May 2026 · Joy Online →
Monday 4 May
Ghana set to exit IMF programme in August 2026
An IMF review team arrives in Accra on 29 April 2026 for a two-week verdict on Ghana's $3 billion Extended Credit Facility; if successful, Ghana will exit the programme in August with a final $360 million disbursement. Macroeconomic indicators have improved significantly—GDP grew 6.3% in the first half of 2025, public debt fell from 61.8% to 45.3% of GDP, and inflation dropped from 54% in December 2022 to 3.2% by March 2026—though the article warns that strong numbers may mask underlying structural weaknesses.
4 May 2026 · Joy Online →
Thursday 30 April
Ghana begins sixth IMF review, shifts to growth sustainability
The government has begun the sixth review of its US$3 billion Extended Credit Facility programme with the IMF, shifting focus from macroeconomic stabilisation to policy execution for sustained growth and investor confidence. Finance minister Cassiel Ato Forson said the reform agenda has delivered strong outcomes including improved credibility and renewed investor confidence, with inflation returning to single digits for the first time since 2021.
30 April 2026 · Business & Financial Times →
Wednesday 29 April
Finance Minister hails IMF programme progress, flags youth unemployment
Finance Minister Dr Cassiel Ato Forson has called Ghana's IMF programme a "success," citing economic stabilisation and restored credibility ahead of the Sixth Review. He cautioned that youth unemployment remains a major unresolved challenge despite the government's macroeconomic gains.
29 April 2026 · Joy Online →