President John Dramani Mahama has announced that Ghana is on course to exit its International Monetary Fund (IMF) programme by April 2026, citing significant improvements in key macroeconomic indicators and renewed investor confidence.
President Mahama stated during the Ghana–Zambia Business Dialogue in Lusaka that the economy has improved due to consistent fiscal measures, with inflation decreasing, foreign reserves growing, and confidence gradually regaining ground. He pointed out that Ghana is in a better position to increase trade and investment, especially in the context of the African Continental Free Trade Area (AfCFTA), thanks to the improving outlook.
The President claims that the government’s development agenda is based on five strategic pillars: value addition and industrialisation; export-led growth; investment in modern infrastructure; robust support for women and young entrepreneurs and MSMEs; and the establishment of a predictable, open, and investor-friendly business environment.
President Mahama added, “We have restructured our debt to invest in people, not just to service loans. This is what ‘Resetting Ghana’ means, and it is delivering results,” He highlighted the restoration of currency stability and the dramatic drop in inflation from over 23.4% at the end of 2024 to 3.8% in January 2026, with the Ghanaian cedi rising 32% to be among the top five performing currencies globally in 2025.
President Mahama added that Ghana has successfully renegotiated its debt obligations on terms that protect national sovereignty and ensure sustainability. “We are steadily exiting the IMF’s Extended Credit Facility with dignity as partners, not as supplicants,” he stressed.
He added that the good effects of Ghana’s economic resurgence extend beyond its boundaries, fostering regional integration and confidence. The President described Zambia as a natural partner and stated that the two countries’ complementarities, especially in mining, agriculture, energy, and manufacturing, present excellent opportunities for value-chain expansion, joint ventures, and increased bilateral trade.
