Mahama Pledges Continued Fiscal Discipline After IMF Programme Ends
Former President John Dramani Mahama has reiterated his commitment to maintaining fiscal discipline as Ghana prepares to exit the International Monetary Fund (IMF) programme by 2026.
Speaking at the 9th Ghana CEO Summit on Monday, May 26, under the theme “Transforming Business and Governance for a Sustainable Futuristic Economy,” Mahama emphasized the importance of responsible government spending and borrowing.
“Even after completing the IMF programme, we will sustain fiscal discipline in expenditure and borrowing. Our goal is to meet all targets under the extended credit facility,” he stated.
He further announced that the government is aiming to complete the fourth review of the IMF programme by June 2025, a significant step toward final programme completion.
“Following that, we will engage in Article IV consultations and adopt the Policy Support Instrument framework—demonstrating Ghana’s shift toward responsible economic management without reliance on borrowing,” Mahama added.
His comments come as Ghana nears the final phase of the IMF-backed programme, with both local and international observers monitoring the country’s progress in economic reforms and recovery.
