New Finance Minister Reaffirms Ghana's Commitment to IMF Programme

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The government has pledged to the International Monetary Fund (IMF) that it will remain committed to the continuing program, according to Dr. Mohammed Amin Adam, the newly appointed Minister of Finance. 

Dr. Amin Adam, who succeeded Ken Ofori-Atta, underlined his dedication to snapping up tax reduction policies across the nation.

Related To This: List of Ministers Fired in Akufo-Addo's Reshuffling

During a Thursday, February 15, interview, Dr. Amin Adam said, "There were a lot of pro-poor initiatives in the budget that was presented this year, and I do not plan to go away from those pro-poor initiatives." Furthermore, I will see to it that everything proceeds as it ought to. We will make sure that we move faster to implement the tax reliefs that were made in the budget, and I am going to make sure the poor are insulated."

He further underscored the importance of staying aligned with the IMF's framework, saying, "It is important to note that we are under an IMF program, and I want to assure the IMF and the business community that I will ensure that the program remains on track. I will work to ensure that the program does not suffer."


The ongoing program signifies a strategic partnership aimed at addressing economic challenges and promoting fiscal responsibility in Ghana. Ghana's collaboration with the IMF has been driven by various economic factors, including fiscal deficits, external imbalances, and the necessity for structural reforms.

Related To This: Commit to Bailout Program Rules - IMF to Ghana

The IMF program encompasses a series of policies and reforms designed to bolster economic stability, stimulate growth, and establish a conducive environment for sustainable development. Historically, Ghana has sought IMF assistance to tackle fiscal challenges, implement economic reforms, and strengthen macroeconomic fundamentals.

Typically, the program includes measures to curb inflation, reduce budget deficits, and enhance overall economic resilience.


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