Ghana Receives $367 Million IMF Disbursement Following Fourth Program Review
The International Monetary Fund has disbursed $367 million to Ghana’s central bank account on July 9, 2025, according to sources familiar with the IMF program. The substantial payment follows the Executive Board’s completion of Ghana’s fourth program review.
The Bank of Ghana received the funds after successfully meeting key benchmarks under its ongoing IMF arrangement. Sources with direct knowledge of the program confirmed the transaction, though official statements from the IMF or Ghanaian authorities remain pending.
This disbursement represents a significant milestone in Ghana’s economic recovery efforts. The West African nation has been working closely with the IMF to stabilize its economy and restore fiscal discipline following recent financial challenges.
The fourth review completion indicates Ghana has satisfied the Fund’s performance criteria and structural reform requirements. These reviews typically assess government spending, revenue collection, debt management, and implementation of agreed policy measures.
The $367 million injection provides crucial foreign currency support for Ghana’s balance of payments and helps strengthen the country’s international reserves. This funding will likely ease pressure on the local currency and support the government’s ability to meet external obligations.
The IMF program aims to restore macroeconomic stability and promote sustainable economic growth in Ghana. Previous disbursements have helped the government navigate fiscal pressures while implementing necessary structural reforms to ensure long-term economic resilience.
