MyJoyOnline· 6h ago· 1 min read
Dr Cassiel Ato Forson, the Minister of Finance, says Ghana is set to transition from the International Monetary Fund (IMF)-supported Extended Credit Facility (ECF) Programme to a 36-month Policy Coordination Instrument (PCI) to consolidate macroeconomic gains and sustain reforms.
Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, Dr Forson said the IMF Executive Board was expected to approve the PCI, a non-financing arrangement designed for countries that no longer have, and are not expected to face, balance of payments needs.
He said the PCI would anchor the country’s next phase of economic reforms, strengthen macroeconomic resilience, support broad-based growth, and demonstrate Ghana’s commitment to sound and disciplined economic policies.
The Finance Minister explained that the programme would help preserve the gains achieved under the current IMF-supported…
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