Editorial: Ato Forson leads delegation to IMF/WB 2025 Annual Meetings

The 2025 Annual Meetings of the International Monetary Fund (IMF) and World Bank Group run from Monday 13th October through Saturday 18th October, gathering finance ministers, central bank governors, development partners and global investors to deliberate on global economic trends and strategies.

Minister of Finance Dr. Cassiel Ato Forson led a high-level government delegation to Washington, D.C. The delegation will participate in a series of high-profile engagements as the meetings come at a pivotal moment for Ghana’s economy.

Just last week, the country reached a Staff-Level Agreement at the Fifth Review of the IMF Extended Credit Facility (ECF), expecting to unlock an additional US$385million in support of Ghana’s reform programme.

Following the successful review, Moody’s upgraded Ghana’s sovereign credit outlook. Both the IMF and World Bank, in separate public statements last week, commended Ghana’s economic management team led by Dr. Forson for demonstrating prudent fiscal stewardship and a coherent policy framework that is restoring confidence and laying the foundation for inclusive growth.

With renewed investor confidence and global attention, Dr. Forson is expected to use this momentum for deepening strategic partnerships with multilateral institutions and attracting new investment into key sectors of the economy.

Dr. Forson is joined by Bank of Ghana Governor Dr. Johnson Asiama and senior officials from the Ministry of Finance and Bank of Ghana.

According to the Ministry of Finance, the delegation’s participation will focus on consolidating gains from recent economic reforms, attracting sustainable financing and broadening collaboration on climate resilience, energy transition and private sector development.

Should the staff-level agreement be confirmed, it will mark another major step in Ghana’s recovery process – signalling continued IMF confidence in the country’s economic management.

Ghana’s US$3billion IMF-supported programme was approved in May 2023 and aims to restore macroeconomic stability, ensure debt sustainability and promote inclusive growth through structural reforms and fiscal discipline.

As the multilateral institutions have signalled confidence in the country’s economic management, we are confident that the Executive Board review will be accompanied with expected US$385million.

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