Prominent banking consultant Dr Richmond Atuahene has declared that Ghana is on the right economic trajectory following the successful completion and early exit from its $3 billion International Monetary Fund (IMF) Extended Credit Facility programme.

His remarks come in the wake of an official government announcement that Ghana has transitioned ahead of schedule from a financial bailout arrangement to a non-financial policy support framework.

According to government officials, the early exit is a testament to restored macroeconomic stability and significant progress toward long-term debt sustainability, achieved through the execution of critical fiscal and structural reforms.

Speaking on Channel One TV’s The Point of View on Monday, May 18, 2026, Dr Atuahene expressed strong optimism about the nation's financial outlook.

“We’re on the right trajectory, and it’s a good beginning to go into economic growth,” Dr Atuahene stated.

Reflecting on the severe economic distress Ghana faced when it first entered the IMF programme, Dr Atuahene highlighted the stark conditions that characterized the 2022–2023 period, pointing specifically to rampant inflation, ballooning fiscal deficits, and rapid currency depreciation.

“Looking at where we started in 2022-2023, it was terrible as far as inflation was concerned. The fiscal deficit was about 7.9 per cent, and the currency was depreciating like Usain Bolt. Our reserves at one time were $1.7 billion,” he recalled.

He noted that the intervention of the IMF programme proved crucial in stabilizing these key economic indicators.

“The programme has shaped us; we have had inflation down, currency stability and the reserves, although we have not been able to do much on the social reforms,” Dr Atuahene added.

In an official statement addressing the milestone, the Presidential Spokesperson and Minister for Government Communications, Felix Kwakye Ofosu, attributed the successful economic turnaround to aggressive fiscal and structural interventions introduced after the IMF programme suffered setbacks at the end of 2024.

The statement detailed that the administration of President John Dramani Mahama implemented frontloaded fiscal consolidation measures, aggressive expenditure rationalisation, and broad-ranging structural reforms designed to stabilize the economy and restore international investor confidence.