The Vice President, Prof. Naana Jane Opoku-Agyemang has called for a reset in Ghana’s relationship with the International Monetary Fund (IMF), urging a shift from crisis-driven support to a partnership that better reflects the country’s economic recovery.
Speaking at a meeting with IMF country and regional heads in Africa, in Accra on Tuesday, January 20, the Vice President said Ghana’s economy has improved, pointing to single-digit inflation, a steadier cedi and improved GDP growth.
She said the progress was the result of difficult, nationally owned reforms and should serve as the basis for a more balanced and development-focused engagement with the IMF.
Prof. Opoku-Agyemang added that while international partnerships remained important, Africa is increasingly positioned to drive its own growth, especially through opportunities such as the African Continental Free Trade Area (AfCFTA).
“For us, the true measure of success is not only compliance with the program but the restoration of confidence and policy autonomy. Stability, in our experience, cannot be imported; it must be built through discipline, institutions and public confidence.
”As Ghana transcends the IMF-supported program, the direction of travel is clearer. IMF programs are neither painless nor perfect, but when economies are under stress, pragmatism, credibility and discipline matter more than rhetoric,” she noted.
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