Minister for Finance, Dr Cassiel Ato Forson, is leading a high-level government delegation to Washington, D.C., for the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group.
The meetings, which run from October 13 through Saturday, October 18, will bring together finance ministers, central bank governors, development partners, and global investors to deliberate on global economic priorities and strategies for sustainable growth.
The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, and senior officials from the Ministry of Finance and BoG will join Dr. Forson.
Over the course of the week, the delegation will participate in a series of high-profile engagements, including bilateral discussions with senior IMF and World Bank management, investor briefings, ministerial meetings, and the sovereign debt roundtable.
The meetings come at a pivotal moment for Ghana’s economy.
The country recently reached a Staff-Level Agreement at the Fifth Review of the IMF Extended Credit Facility (ECF), a milestone that, once approved by the IMF Executive Board, is expected to unlock an additional $385 million in support of Ghana’s reform programme.
In a significant vote of confidence following this successful review, Moody’s upgraded Ghana’s sovereign credit outlook — a development widely interpreted as a strong endorsement of the government’s fiscal discipline, structural reforms, and macroeconomic stabilisation agenda.
This progress also coincides with Ghana’s signing of its fifth bilateral debt restructuring agreement, further strengthening the country’s position in its ongoing debt sustainability efforts.
Both the IMF and the World Bank, in separate public statements last week, commended Ghana’s economic management team, led by Dr Forson, for demonstrating prudent fiscal stewardship and a coherent policy framework that is restoring confidence and laying the foundation for inclusive growth.
Dr Forson is expected to use this year’s meetings to deepen strategic partnerships with multilateral institutions, attract new investment into key sectors of the economy, and advocate for a fairer and more responsive global financial architecture that reflects the needs of emerging and developing economies.
With global attention on Ghana’s reform story and renewed investor confidence in its economic trajectory, the 2025 Annual Meetings present a vital opportunity to consolidate momentum, secure new partnerships, and accelerate the country’s path to sustainable growth and resilience.
Source: Myjoyonline
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