4 h. ago APL claims vindication following IMF’s revelation of BoG’s $1.4bn forex support

Governance think tank, the Africa Policy Lens, says it has been vindicated by a recent revelation by the International Monetary Fund (IMF) that the Bank of Ghana pumped in dollars to support the recent stability of the Cedi. The IMF, in its latest review of Ghana's programme, revealed that the Bank of Ghana released $1.4bn forex support to sustain the Cedi against the US dollar.

Politics

30 h. ago Bank of Ghana intervened with $1.4bn in the forex market in 2025 first quarter

The Bank of Ghana sold $1.4 billion in foreign exchange during the first quarter of 2025, according to the latest International Monetary Fund (IMF) review of Ghana’s programme. “The Bank of Ghana’s footprint in the FX market continued to increase. Large-scale FX intervention continued in 2025, reaching $1.4 billion in the first quarter,” the Fund noted. […]

Economics

6 d. ago Reduce interventions in the forex market – IMF to Bank of Ghana

The IMF Executive Board on July 7, 2025, concluded its fourth review of Ghana’s ongoing 18th  IMF programme, which began in May 2023. Completion of the review unlocks a new disbursement of $367 million, bringing the total support under the programme to $2.3 billion. This is a positive development for the Ghanaian cedi. The injection […]

Politics

6 d. ago Ghana’s IMF programme hit by major policy slippages and reform delays

Ghana’s $3 billion programme under the International Monetary Fund’s 36-months Extended Credit Facility (ECF) has been flagged for significant policy slippages and delays in reform implementation, according to the Fund’s latest review. The IMF described the country’s programme performance as having “deteriorated markedly” by the end of 2024. This was revealed in the Fund’s update […]

Events

8 d. ago IMF Board to consider Ghana’s 4th programme review today July 7, 2025

Sources say all the documents needed for the Executive Board of the IMF have been sent this week to help meet at least the four-day target, before the Board meets on Monday, July 7, 2025.

Politics

1 week ago IMF Board to consider Ghana’s 4th programme review on July 7, 2025

Sources say all the documents needed for the Executive Board of the IMF have been sent this week to help meet at least the four-day target, before the Board meets on Monday, July 7, 2025.

Politics