IMF Head of Delegation to Ghana, Dr. Reuben Atoyan, disclosed that Ghana may have entry to the ultimate tranche of US$318 million instantly after July 27, 2026.
That is conditional on the IMF Govt Board approving Ghana’s Sixth Program Assessment.
Dr. Atoyan stated, “As quickly because the board approves the ultimate program for Ghana, we’ll signal the pay slips for the discharge of the funds the following day.”
The IMF Mission Chief made this recognized on Might 21, 2026, on PM EXPRESS Enterprise Version with host George Wiafe.
He confirmed that IMF workers will submit a complete report on Ghana to the Board for approval of the Sixth Program Assessment.
Dr Atoyan defined that if the Board approves the report, the ultimate tranche underneath the Ghana Aid Program is predicted to be deposited into the Financial institution of Ghana’s accounts of over US$318 million.
The Mission Chief has clarified that Ghana’s Enhanced Credit score Facility (ECF) program has not formally ended, regardless of a current staff-level settlement reached in Accra.
Expenditures underneath the ECF program
Since signing as much as the IMF program in Might 2023, Ghana has obtained roughly US$2.8 billion as of December 2025.
If Ghana passes the sixth evaluation and receives the ultimate tranche, the whole quantity secured underneath the Prolonged Credit score Facility program since its signing may attain US$3.2 billion.
Nearly all of these funds have contributed considerably to supporting initiatives recognized within the 2025/2026 price range.
In contrast to earlier packages that centered on supporting the Financial institution of Ghana’s reserves, funds underneath the present program had been directed to initiatives recognized within the nationwide price range.
In accordance with the IMF, Ghana’s ECF program has delivered vital stabilization outcomes as a consequence of sturdy reform efforts and vital progress in public debt restructuring. These efforts contributed to a pointy decline in inflation, strengthened exterior buffers, improved confidence within the cedi, and considerably improved debt sustainability.
The Head of Mission stated there had additionally been an enchancment within the debt trajectory, creating fiscal house to advance growth objectives whereas sustaining hard-won stabilization features.
He additionally argued that sustaining these features will rely on bold public monetary administration and robust implementation of structural reforms geared toward lowering the dangers related to contingent liabilities.
