By the first half of 2025, Ghana’s fiscal deficit is expected to decrease to 4% to 6% of GDP.

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

Ghana’s fiscal deficit is projected to narrow to between 4% and 6% of Gross Domestic Product (GDP) by the first half of 2025, according to the latest fiscal update from Databank Research.

The anticipated improvement in the country’s fiscal position is expected to be driven by delays in arrears clearance and enhanced financial support from the International Monetary Fund (IMF), particularly the expected disbursement of US$370 million under the Extended Credit Facility (ECF) programme.

The research firm further highlighted the role of fiscal discipline measures, especially at the sub-national level, in achieving the tighter deficit target.

Source: newsthemegh.com