… 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 15Ghana Minute.
Sunday, 17 May 2026
Ghana’s news, on the hour · Est. 2026
Sunday, 17 May 2026
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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
On 29 April 2026, an IMF team led by Dr Ruben Atoyan lands in Accra for a two‑week verdict. …
Walking on One Leg of the Tripod: The IMF endgame in Ghana- April 2026
… Finance minister Cassiel Ato Forson formally received an IMF mission led by Ruben Atoyan in Accra, describing the programme as a “transformative” effort that has restored stability following the 2022 economic crisis. …
Sixth IMF review puts spotlight on post-stabilisation policy execution… he IMF, has stabilised the economy, rebuilt confidence, and renewed hope among Ghanaians, attributing the progress to “discipline and difficult decisions taken in the national interest.” The Finance Minister made the remarks after receiving an IMF mission team led by Ruben Atoyan …
Finance Minister welcomes IMF team for 6th review, cites economic gains and job concerns
Business
Ghana rules out capital markets return as IMF bailout ends
The News
Ghana will not return to international capital markets for the remainder of 2026 as its three-year IMF bailout programme concludes, the Finance Minister announced. Instead, the government will transition to the IMF's Policy Coordination Instrument, a non-financing framework that signals policy credibility without direct fund disbursements.
8 hours ago · Joy Online →
Today
Ghana rules out capital markets return as IMF bailout ends
Ghana will not return to international capital markets for the remainder of 2026 as its three-year IMF bailout programme concludes, the Finance Minister announced. Instead, the government will transition to the IMF's Policy Coordination Instrument, a non-financing framework that signals policy credibility without direct fund disbursements.
8 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.
21 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.
23 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.
16 May 2026 · 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 →