The Minister for Finance, Cassiel Ato Forson, has officially informed Parliament that Ghana has successfully completed its International Monetary Fund (IMF) bailout programme, marking what government describes as a major milestone in the country’s economic recovery efforts.

Addressing Parliament, Dr. Forson said the achievement was the result of bold economic reforms, fiscal discipline, and responsible economic management implemented over the period of the programme.

According to him, government’s policy measures have contributed to a significant decline in inflation, stabilisation of the Ghana cedi, renewed investor confidence, and a return to strong economic growth.

The Finance Minister noted that Ghana’s economic outlook has improved considerably following years of economic challenges, stressing that the country is now transitioning from a period of recovery to one focused on expansion and transformation.

“Today, Ghana is no longer focused on recovery. We have moved decisively into a new phase defined by growth, investment, jobs, and opportunity,” he stated.

Dr. Forson further indicated that government’s next priority is the development of what he described as “The New Economy,” an agenda aimed at driving sustainable growth, attracting investment, creating employment opportunities, and strengthening long-term economic resilience.

He assured Parliament that government remains committed to prudent fiscal management and policies that will consolidate recent economic gains while improving the livelihoods of Ghanaians.

Ghana entered the IMF-supported programme as part of efforts to stabilise the economy amid rising inflation, currency depreciation, and mounting debt pressures.

The completion of the programme is expected to strengthen confidence among investors and international development partners.