Ghana Plans Dignified Exit from IMF Programme Amid Economic Recovery

Ghana is set to exit its IMF-supported programme with dignity, as announced by President John Dramani Mahama. The government has been under this programme since 2023 due to rising inflation, a weakening cedi, and deteriorating fiscal buffers. President Mahama emphasized that the country's macroeconomic indicators have shown significant improvement, allowing for a sustainable withdrawal from external financial assistance. Key achievements include successful debt renegotiations and enhanced business confidence, which are crucial for restoring public confidence and economic stability. The government's focus is on protecting Ghana's economic sovereignty while maintaining credibility with international partners, marking a pivotal step in its recovery efforts.