Minister for Finance Dr Cassiel Ato Forson is leading Ghana’s delegation to Washington, D.C., for the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, which run from October 13 through October 18.
The high-level government team includes the Governor of the Bank of Ghana, Dr Johnson Asiama, as well as senior officials from both the Ministry of Finance and the Bank of Ghana.
The annual meetings bring together finance ministers, central bank governors, development partners, and international investors to deliberate on global economic priorities, fiscal resilience, and strategies for sustainable and inclusive growth.
Key Bilateral and Investment Engagements
During the week, Ghana’s delegation will hold a series of bilateral discussions with senior IMF and World Bank management, participate in investor briefings and ministerial dialogues, and join the sovereign debt roundtable — a platform for advancing conversations on global debt sustainability.
The meetings come at a crucial time for Ghana, as the country continues to implement reforms under its IMF-supported Extended Credit Facility (ECF) programme.
Reform Milestones and Renewed Investor Optimism
Ghana recently reached a staff-level agreement at the fifth review of the ECF programme. Once approved by the IMF Executive Board, this milestone is expected to unlock an additional US$385 million to support the ongoing economic reform agenda.
The review follows encouraging international assessments of Ghana’s policy progress. In a move viewed as a strong endorsement of fiscal management, Moody’s recently upgraded Ghana’s sovereign credit outlook, citing consistent reform implementation and renewed macroeconomic stability.
In addition, Ghana has signed its fifth bilateral debt restructuring agreement, marking further advancement in efforts to restore debt sustainability and strengthen public finances.
Both the IMF and World Bank, in recent public statements, commended Ghana’s economic management team, led by Dr Forson, for demonstrating what they described as “prudent fiscal stewardship and a coherent policy framework” that is helping to restore confidence and lay the groundwork for broad-based economic recovery.
Strengthening Partnerships and Securing Growth
Dr Forson is expected to use this year’s meetings to deepen Ghana’s engagement with multilateral partners, mobilise investment into key growth sectors, and advocate for reforms in the global financial system to make it more responsive to the needs of developing economies.
According to the Ministry of Finance, the delegation’s participation will focus on consolidating the gains from recent economic reforms, attracting sustainable financing, and broadening collaboration on climate resilience, energy transition, and private sector development.
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