Back to today’s briefing

Story perspectives

IMF Team to Aid Ghana's $3 Billion Budget Strategy

1/27/2025

47 5

Summary

Story summary

Ghana's Finance Minister, Dr. Cassiel Ato Forson, revealed that an IMF team will arrive from February 10-14, 2025, to help shape the 2025 budget in line with a crucial $3 billion loan program. This support comes as the nation grapples with an 11% deficit, worsened by the lingering effects of COVID-19 and the ongoing Russia-Ukraine conflict, threatening economic stability.

1 of 1

Story summary

Ghana's Finance Minister, Dr. Cassiel Ato Forson, revealed that an IMF team will arrive from February 10-14, 2025, to help shape the 2025 budget in line with a crucial $3 billion loan program. This support comes as the nation grapples with an 11% deficit, worsened by the lingering effects of COVID-19 and the ongoing Russia-Ukraine conflict, threatening economic stability.