The International Monetary Fund (IMF) has praised Ghana’s economic performance, highlighting progress under its economic reform programme and the adoption of artificial intelligence in customs administration.
The Director of the IMF’s African Department, Zeine Zeidane, described Ghana’s economic position as encouraging, stating that the country was “in a very good place.”
He made the remarks during a meeting with Finance Minister Dr Cassiel Ato Forson on the sidelines of the ongoing IMF–World Bank Annual Meetings in Bangkok, Thailand.
Mr Zeidane commended Ghana for its performance under the IMF’s Extended Credit Facility (ECF) programme, describing the implementation of the programme as a major success.
He noted that Ghana’s progress had attracted attention within the international financial community, adding that the Fund was encouraging other countries to learn from the country’s approach to economic management.
The IMF official also applauded Ghana’s use of artificial intelligence to improve customs administration. He further acknowledged the government’s efforts to address challenges involving state-owned enterprises and improve the management of stock-flow adjustments.
The commendation comes after the IMF revised its projection for Ghana’s economic growth in 2026 to 5.7 per cent, up from the earlier forecast of 4.6 per cent announced in April.
Reacting to the revised forecast, Dr Forson expressed confidence that Ghana’s economy could perform better than the IMF’s latest projection.
He emphasised the government’s commitment to maintaining credibility, fiscal discipline and sound economic management to consolidate the country’s recovery and achieve stronger economic growth.
The Finance Minister’s remarks signal the government’s optimism about the economic outlook as it continues implementing measures aimed at sustaining stability and improving overall performance.
Mr Zeidane concluded the meeting with a positive assessment of Ghana’s progress, reiterating that the country was “in a very good place.”
