IMF backs shift to reform-focused PCI after bailout exit

The International Monetary Fund has reached a staff-level agreement with Ghana on the final review of its Extended Credit Facility programme and a new 36-month Policy Coordination Instrument (PCI), marking the country’s transition from bailout financing to reform-focused engagement.

Finance Minister Dr. Cassiel Ato Baah Forson said Ghana was “not in a hurry” to return to international capital markets, adding that the 2026 budget did not assume external commercial borrowing.

The IMF said Ghana’s economy had recorded strong stabilisation gains, including lower inflation, improved reserves, stronger fiscal performance and renewed investor confidence, while warning that sustaining reforms remains critical.

The post IMF backs shift to reform-focused PCI after bailout exit appeared first on The Business & Financial Times.

Read Full Story