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IMF Board approves Ghana’s 2nd review, $360m to hit BoG’s account soon

President Akufo-Addo and the IMF Boss

The Board of the International Monetary Fund (IMF) has approved the second review of Ghana’s  IMF-supported post-COVID-19 Programme for Economic Growth (PC-PEG).

This paves the way for the release of the $360million third tranche.

The Finance Minister Dr. Mohammed Amin Adam stated that Ghana remained committed to implementing its strong reform programme to ensure macroeconomic stability.

“Ghana has today secured IMF Board Approval for the 2nd review of the IMF-supported PC-PEG.

“This will trigger the release of the third tranche of $360million under the ECF. We remain committed to implementing our strong reform programme, towards ensuring macroeconomic stability.”

“I thank the President for his strong leadership; the IMF for their commitment to Ghana; our bilateral & development partners for their staunch support;& all the hardworking staff of the @MoF_Ghana for their tireless efforts to entrench Ghana’s economic stability #GhanaRising,” he stated.

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