Government has announced plans to establish an Independent Fiscal Council to strengthen financial oversight after the country exits the International Monetary Fund programme (IMF).
The announcement was made by Mr. Thomas Nyarko Ampem, Deputy Minister of Finance, during a courtesy call by Ms. Emmanuelle Boulestreau, Head of the Regional Economic Department of France for Nigeria and Ghana, and Mr. Julien Frioux, Head of the French Economic Department at the French Embassy in Ghana.
The meeting focused on strengthening economic ties between Ghana and France, with emphasis on regional development initiatives and opportunities for mutual growth.
Mr. Ampem expressed optimism about Ghana’s economic recovery and attributed the progress partly to international partnerships, including support from France.
He said IMF programme targets remained on track; inflation had declined to 3.8%, and key macroeconomic indicators were showing positive trends.
Mr. Ampem welcomed deeper collaboration between Ghana and France to sustain economic growth.
He disclosed plans to establish an Independent Fiscal Council comprising locally appointed members.
Mr. Ampem said the Council would provide advisory support on financial controls and fiscal decision-making to ensure stronger domestic oversight and accountability.
He said the Council would be implemented after Ghana exited the IMF programme to reinforce local ownership of fiscal management and safeguard long-term economic stability.
Ms. Boulestreau reiterated France’s commitment to supporting Ghana’s economic development, particularly in infrastructure and energy.
She highlighted the strong potential for French businesses to invest in Ghana’s expanding economy and contribute meaningfully to the country’s development agenda.
