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ARTICLE · 12 SEPTEMBER 2016

Brief Update (5 Sep 2016): Ghana's IMF Bailout Programme. So Far, So Good?

The IMF mission to Ghana for the 3rd review of the country's bailout programme with the Bretton Wood institution ended on Friday, 2nd September, 2016.

GhanaGovernment, Public Sector

Minister for Finance-Mr Seth Terkper, International Monetary Fund (IMF), Joel Toujas-Bernate-IMF Mission Chief for Ghana, Volta River Authority (VRA), Bank of Ghana (BoG), Electricity Company of Ghana (ECG). IMF mission chief Joel Toujas-Bernate.

What, Why & When:

The IMF mission to Ghana for the 3rd review of the country's bailout programme with the Bretton Wood institution ended on Friday, 2nd September, 2016i. Afterwards Ghanaian Finance Minister Seth Terkper was quoted in the press describing progress made so far as satisfactory and indicative of the government's commitment to the bailout programme: A USD918 million three-year Extended Credit Facility (ECF) launched in April, 2015.

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