By: Marcella Mwinkoma Babing
The International Monetary Fund (IMF) has entered the second week of its first review of Ghana’s Policy Coordination Instrument (PCI), with discussions focusing on the country’s fiscal performance, public debt management and preparations for the 2027 Budget.
On October 26, the IMF team, led by its Chief of Mission to Ghana, Dr. Ruben Atoyan, has held discussions with fiscal and monetary authorities and engaged selected state-owned enterprises, including the Tema Oil Refinery.
The review is expected to assess Ghana’s economic performance during the first nine months of 2026, including revenue mobilisation, expenditure management and the government’s spending priorities for next year.
Unlike Ghana’s previous US$3 billion Extended Credit Facility programme, the PCI does not provide direct financial assistance. Instead, it provides a framework for monitoring economic policies and reforms.
The outcome will be important as the government prepares its 2027 Budget and seeks to sustain economic stability while meeting development needs.
