As Ghana prepares for life after its International Monetary Fund (IMF) programme, the Fund says its relationship with the country will not end with the exit from the Extended Credit Facility.
Speaking on Joy News’ PM Express Business Edition on Thursday, the IMF Resident Representative in Ghana, Dr Adrian Alter, said the Fund will remain an active partner even after the programme ends.
“We will continue to be partners,” Dr Alter said when asked what the IMF’s role would be once Ghana is no longer under an IMF-supported programme.
His comments come amid growing public debate about what Ghana’s economic future will look like after the programme, which has shaped fiscal policy, debt restructuring efforts and macroeconomic reforms over the past years.
Dr Alter explained that one of the IMF’s core responsibilities does not depend on whether a country is under a lending programme.
“And the Fund has among its roles, its surveillance is one of the key aspects,” he said.
According to him, the IMF will continue to monitor Ghana’s economic developments and reforms implemented after the programme ends.
“Monitoring the economic developments, the reforms that will be implemented after the programme ends,” he added.
Beyond surveillance, Dr Alter said the IMF will remain available to support government in other ways, especially when challenges arise.
“And we stay ready to also assist the Government with technical assistance and other issues that may arise,” he said.
Ghana is expected to exit the IMF programme after completing agreed reforms under the Extended Credit Facility, which was designed to restore macroeconomic stability, strengthen fiscal discipline and rebuild confidence in the economy.
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