President John Dramani Mahama has said Ghana is firmly on course to exit its International Monetary Fund (IMF) programme by April 2026, citing improving macroeconomic fundamentals and growing investor confidence.
Addressing the Ghana–Zambia Business Dialogue in Lusaka, President Mahama said sustained fiscal reforms have restored economic stability, with inflation easing, foreign reserves strengthening and confidence returning to the economy.
He said the renewed momentum creates opportunities for expanded trade and investment, especially under the African Continental Free Trade Area (AfCFTA).
The President explained that the government’s development strategy is built around five pillars: industrialisation and value addition; export-led growth; modern infrastructure development; strong support for micro, small and medium-sized enterprises (MSMEs), women and youth entrepreneurs; and the establishment of a predictable, transparent and investor-friendly business climate.
“We have restructured our debt to invest in people, not just to service loans. This is what ‘Resetting Ghana’ means, and it is delivering results,” President Mahama said.
He highlighted the drop in inflation from more than 23.4 per cent at the end of 2024 to 3.8 per cent in January 2026, alongside renewed currency stability, with the Ghanaian cedi appreciating by 32 per cent to rank among the world’s five best-performing currencies in 2025.
He added that Ghana’s debt renegotiation has been concluded on terms that safeguard national sovereignty and ensure sustainability.
“We are steadily exiting the IMF’s Extended Credit Facility with dignity as partners, not as supplicants,” he stressed.
President Mahama also said Ghana’s economic recovery is strengthening regional confidence and supporting deeper integration across the continent.
Describing Zambia as a natural partner, he noted that complementarities in mining, agriculture, energy and manufacturing provide strong prospects for joint ventures, value-chain expansion and increased bilateral trade.
