The International Monetary Fund, (IMF) says it is confident that Ghana will reach a Debt-to-Gross Domestic Product (GDP) of 55 per cent by 2028, putting it on a sustainable path. IMF Mission Chief for Ghana, Stéphane Roudet said Ghana is still on track to achieve these objectives.
He was responding to a question at a roundtable with Ghanaian journalists during the 2025 IMF/World Bank Group Spring meetings in Washington DC, United States of America.
He attributed the country’s ability to reach debt sustainability to being on track in achieving targets under the ongoing 3-billion-dollar loan supported programme with the IMF, urging Ghana to adhere to programme objectives.
However, he said it was important for the Government to remain steadfast in implementing the programme as planned, by adhering to all reforms and objectives, especially as trade tensions could pose some risks. Mr. Roudet commended the Government for the high level of commitment and ownership of programme objectives, including the reinstatement of stronger fiscal rules and institutions, as well as authorization by the Ministry of Finance before procurement.
GNA