Ato Forson projects Ghana’s growth to surpass IMF’s revised 5.7% forecast
Finance Minister Dr. Cassiel Ato Forson has expressed optimism that Ghana’s economy will grow beyond the International Monetary Fund’s revised forecast of 5.7% for 2026.
The IMF raised its growth projection for Ghana from 4.6% in April to 5.7%, representing an upward revision of 1.1 percentage points.
Reacting to the revised outlook, Dr. Forson said the government was confident the economy would outperform the Fund’s latest projection, citing its commitment to fiscal discipline and reforms aimed at sustaining the country’s economic recovery.
“The IMF has upgraded Ghana’s 2026 growth forecast from 4.6% to 5.7%. We are confident we will exceed that projection,” he stated.
Dr. Forson made the remarks after meeting the Director of the IMF’s African Department, Zeine Zeidane, on the sidelines of the ongoing IMF–World Bank Annual Meetings in Bangkok, Thailand.
He said the government remained committed to maintaining fiscal credibility, strengthening economic management and implementing reforms to support Ghana’s economic turnaround.
During the meeting, Mr. Zeidane commended Ghana’s economic performance, describing the country’s current position as positive.
“Ghana is in a very good place,” he said.
The IMF official also praised Ghana’s progress under the Extended Credit Facility (ECF) programme, describing its implementation as a success and encouraging other countries to learn from the country’s experience.
“I want to first commend you on how you are performing. The ECF was a great success,” he stated.
Mr. Zeidane further applauded Ghana’s use of artificial intelligence in customs administration, as well as efforts to improve the management of state-owned enterprises and address stock-flow adjustments.
His remarks come amid growing optimism about Ghana’s economic outlook following the IMF’s upward revision of its 2026 growth forecast.
Dr. Forson reiterated that the government would maintain fiscal discipline and sound economic management to consolidate the recovery and achieve stronger growth.
By Esther Padmore Amonoo
