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Saturday, April 19, 2025

Govt’s huge payables ahead of 2024 polls deteriorated Ghana’s performance

The International Monetary Fund (IMF) says Ghana’s performance under the Extended Credit Facility (ECF)-supported programme took a hit toward the end of 2024 due to significant fiscal slippages triggered by large payables accumulated in the run-up to the general elections.
“Preliminary fiscal data point to slippages in the run-up to the 2024 general elections, on account of a large accumulation of payables,” the IMF disclosed in a statement following the conclusion of a two-week staff mission to Accra,

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