IMF Board completes 6th and final review of ECF programme, describes PCI as anchor to reform agenda

In completing the review, the Executive Board approved a waiver of non-observance of the end-December 2025 performance criteria pertaining to the ceiling on Bank of Ghana (BoG) claims on the central government and public entities that was temporarily breached by a small margin due to cost-sharing arrangements under the domestic gold purchase programme (DGPP). This is based on the temporary nature of deviation and corrective actions carried out by the authorities.

By Charles Nixon