Only three of the eleven IMF structural benchmarks (SB) were met by the government.

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

The government met only three out of eleven structural benchmarks (SB) of the International Monetary Fund due between January and May 2025.

According to the IMF Country Report on Ghana, some missed structural benchmarks were implemented with delay.

It, however, indicated that strong actions have been taken in recent months to address delays in the structural reforms.

It mentioned that the quarterly electricity tariff adjustments (quarterly SB starting from end-January 2025) resumed only in April 2025 due to delays in appointing a new board of the energy sector regulator (PURC), while the publication of the audit of Electricity Company of Ghana (ECG)’s collections and uses (end-January 2025 SB) was achieved in February 2025 and covered a longer period than mandated by program conditionality.

Source: newsthemegh.com