The Minister for Finance, Dr. Cassiel Ato Forson, leads a senior government delegation to Washington, D.C., for the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group.
The meetings, scheduled from Monday, 13 October to Saturday, 18 October, will bring together finance ministers, central bank governors, development partners, and global investors to address global economic priorities and strategies for sustainable growth.
Dr. Forson is joined by the Governor of the Bank of Ghana, Dr. Johnson Asiama, and senior officials from the Ministry of Finance and the Bank of Ghana.
Throughout the week, the delegation will engage in a series of prominent activities, including bilateral discussions with senior management from the IMF and the World Bank, investor briefings, ministerial meetings, and a sovereign debt roundtable.
These meetings are occurring at a crucial juncture for Ghana’s economy.
Recently, the country reached a Staff-Level Agreement during the Fifth Review of the IMF Extended Credit Facility (ECF), a significant milestone that, pending approval from the IMF Executive Board, is expected to release an additional US$385 million to support Ghana’s reform program.
In a notable expression of confidence following this successful review, Moody’s has upgraded Ghana’s sovereign credit outlook—a development that is widely seen as a strong endorsement of the government’s fiscal discipline, structural reforms, and macroeconomic stabilization agenda.
This advancement also aligns with Ghana’s signing of its fifth bilateral debt restructuring agreement, which further bolsters the country’s position in its ongoing efforts towards debt sustainability.
Both the IMF and the World Bank, in separate public statements made last week, praised Ghana’s economic management team, led by Dr. Forson, for exhibiting prudent fiscal stewardship and a coherent policy framework that is restoring confidence and establishing the groundwork for inclusive growth.
Dr. Forson is anticipated to utilize this year’s meetings to strengthen strategic alliances with multilateral institutions, draw in new investments into critical sectors of the economy, and promote a more equitable and responsive global financial framework that addresses the requirements of emerging and developing economies.
Given the global focus on Ghana’s reform narrative and the revitalized investor confidence in its economic direction, the 2025 Annual Meetings offer a crucial opportunity to build on this momentum, establish new partnerships, and expedite the nation’s journey towards sustainable growth and resilience.
