Even as Finance Minister, Cassiel Ato Forson leads the country’s delegation to the 2025 IMF/World Bank Spring Meetings in Washington D. C., Ghana’s gross international reserves have already exceeded the target set for May 2026.
The Meeting comes a week after the country secured a Staff-Level Agreement with the IMF on its fourth review. Fresh data from the Bank of Ghana show that as of February 2025 the country’s gross international reserves stood at US$9.3billion – equivalent to four months of import cover.
Ghana was expected to reach this threshold by mid-2026 and the development has caused some analysts to conclude that the country is well-positioned to exit the IMF programme with stronger reserve buffers.
It reflects renewed international confidence in Ghana’s direction, largely driven by the swift and targeted actions taken by this new government.
Government has responded with a bold and pragmatic reform package to curb arrears, reinforce spending discipline and strengthen Ghana’s public financial management system.
Throughout the week, Dr. Forson and the Ghanaian delegation are scheduled to participate in a series of high-level meetings and discussions.
A major highlight of the week will be a meeting between Dr. Forson and IMF Managing Director Kristalina Georgieva, where Ghana’s progress, challenges and reform agenda will be discussed in detail.
The 2025 Spring Meetings of the World Bank Group (WBG) and International Monetary Fund (IMF) take place from Monday, April 21 to Saturday, April 26.
The Annual and Spring Meetings of the International Monetary Fund (IMF) and World Bank Group each year bring together central bankers, ministers of finance and development, private sector executives, civil society representatives and academics to discuss the state of the global economy and issues of international concern, such as growth-outlook, financial stability and poverty reduction.
Amid growing global trade tensions, the IMF stresses the urgency for countries to prioritise economic stability through bold reforms. Speaking at the 2025 Spring Meetings of the World Bank Group and IMF, Managing Director Kristalina Georgieva stressed this need.