Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
The International Monetary Fund (IMF) has indicated that the sharp appreciation of the Ghanaian cedi against the US dollar in the first half of 2025 may necessitate a revision of some targets under its support programme with Ghana.
Speaking at a press conference in Washington, DC, IMF Director of Communications Julie Kozack disclosed that the Fund will review all macroeconomic and financial developments, including recent exchange rate dynamics, during future programme assessments.
She further noted that upcoming reviews will evaluate the impact of exchange rate movements to ensure that the programme’s targets and objectives remain realistic and aligned with evolving conditions.
Source: newsthemegh.com