Former President John Dramani Mahama expressed confidence that Ghana will complete its $3 billion International Monetary Fund (IMF) Extended Credit Facility (ECF) program on schedule, without needing an extension beyond April 2026.
Speaking at a reflection session with business leaders after the Kwahu Business Forum, Mahama reaffirmed his commitment to fiscal discipline and full implementation of the IMF-supported program.
Mahama assured that Ghana would maintain fiscal prudence during and after the program, ensuring responsible management of government expenditure and creating space for private sector growth.
He emphasized the private sector’s crucial role in driving economic recovery and long-term development.
“The private sector is key to absorbing and employing the growing number of young people entering the workforce,” Mahama said, noting that even doubling government employment wouldn’t suffice to address youth unemployment.
He stressed that a thriving private sector is essential for Ghana’s economic prosperity.
