• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

IMF Managing Director Praises Finance Minister for Strong Commitment to Economic Reforms

4 months ago
in Features, highlights, Home, home-news, latest News
1 min read
0 0
0
376
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

IMF Managing Director Praises Finance Minister for Strong Commitment to Economic Reforms

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has commended Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, and his team for their “strong commitment to the Fund-supported programme and reforms aimed at restoring macroeconomic stability.”

Speaking during a meeting held on Saturday, Ms. Georgieva lauded the leadership demonstrated by Dr. Forson, noting the significant strides made by Ghana despite challenging circumstances. She reaffirmed the IMF’s ongoing support for the country, stating, “The IMF remains a strong partner of Ghana.”

The endorsement from the IMF head follows the announcement of a staff-level agreement reached between Ghana and the IMF on the fourth review of the Fund-supported programme. Upon formal approval by the IMF Executive Board, the agreement will unlock a disbursement of approximately US$370 million to Ghana.

The milestone is notable, especially against the backdrop of several structural benchmarks and quantitative targets that had been breached prior to the assumption of office by the new administration.

The breakthrough is attributed to the aggressive and focused efforts of the Mahama-led government to reverse the economic downturn and rebuild confidence in Ghana’s financial management. Since assuming office, the government has accelerated the implementation of structural reforms, delivering key outcomes ahead of schedule and bolstering optimism about Ghana’s economic outlook.

A key priority of the administration’s reform agenda has been the resolution of the large stock of outstanding payables accumulated in 2024. The accumulation had contributed to a primary deficit, diverging from the modest surplus initially targeted.

RelatedPosts

Regular Fiscal Data Publication Key to Having an Effective Fiscal Council, Says Oppong Nkrumah

Finance Ministry Backs New Fiscal Council to Anchor Discipline and Stability

2025 Study: Where High Earners Keep Most of Their Money 

In response, the government introduced a raft of bold and pragmatic measures aimed at strengthening expenditure controls, restoring budget credibility, and ensuring fiscal and debt sustainability.

Further underscoring its commitment to economic recovery, the government has already completed several structural benchmarks initially scheduled for December 2024 and March 2025.

Present at the meeting were the Governor of the Bank of Ghana, Dr. Johnson Asiama; Senior Economic Advisor, Seth Terkper; and the Chairman of the National Development Planning Commission, Dr. Nii Moi Thompson.

Tags: economic reformsFinance MinisterIMFIMF Managing Director Praises Finance Minister for Strong Commitment to Economic Reforms

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

GoldBod Introduces Special Bonus for Licensed Miners

Thomas Partey in Top Form for Black Stars Amid Legal Challenges – GFA 

BoG Tightens Foreign Currency Import and Export Rules to Curb Money Laundering

BoG Reiterates Warning Against Unauthorised Foreign Exchange Transactions

GRA to Tax Cryptocurrency Gains as Authority Prepares Digital Tracking System

 Importers and Exporters Association Decries “Mafiarian” Auctions of Perishable Goods at Ghana’s Ports

Trending

Business

Regular Fiscal Data Publication Key to Having an Effective Fiscal Council, Says Oppong Nkrumah

August 27, 2025

Regular Fiscal Data Publication Key to Having an Effective Fiscal Council, Says Oppong Nkrumah Ranking Member of...

Finance Ministry Backs New Fiscal Council to Anchor Discipline and Stability

August 27, 2025

2025 Study: Where High Earners Keep Most of Their Money 

August 27, 2025

GoldBod Introduces Special Bonus for Licensed Miners

August 27, 2025

Thomas Partey in Top Form for Black Stars Amid Legal Challenges – GFA 

August 27, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.