The IMF Executive Board has finished the sixth and last evaluation of the $3 billion

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Executive Board of the International Monetary Fund (IMF) has completed the sixth and final review of the US$3 billion, 39-month Arrangement under the Economic Credit Facility (ECF) for Ghana, approved by the Board in May 2023. 

This paved the way for the disbursement of SDR 265.9 million (about US$371 million). 

The Executive Board also concluded the 2026 Article IV consultation and reviewed, at the authorities’ request, a 36-month non-financing Policy Coordination Instrument (PCI). In a statement, the IMF said it has consented to the publication of the Staff Report prepared for this consultation.

Source: newsthemegh.com