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Thursday, October 15, 2026

Ato Forson predicts Ghana will beat IMF’s 5.7% growth forecast

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Finance Minister Dr Cassiel Ato Forson has expressed confidence that Ghana’s economy will grow faster than the International Monetary Fund’s (IMF) revised growth forecast of 5.7% for 2026.

Dr Forson’s optimism follows the IMF’s upward revision of Ghana’s projected economic growth from 4.6% in April to 5.7%, an increase of 1.1 percentage points.

Reacting to the revised forecast, the Finance Minister said the government remains confident that the economy would outperform the Fund’s latest projection, citing its commitment to fiscal discipline and ongoing economic reforms.

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“The IMF has upgraded Ghana’s 2026 growth forecast from 4.6% to 5.7%. We are confident we will exceed that projection,” Dr Forson stated.

The revised outlook signals improved growth expectations for Ghana, although the government’s projection of growth above 5.7% would depend on economic performance over the remainder of the year.

Dr Forson made the remarks after meeting the Director of the IMF’s African Department, Zeine Zeidane, on the sidelines of the ongoing IMF–World Bank Annual Meetings in Bangkok, Thailand.

The meeting provided an opportunity for the Finance Minister to reaffirm the government’s commitment to the fiscal policies and structural reforms underpinning its economic programme.

“In Bangkok, I met with the IMF’s African Department Director, Zeine Zeidane, and reaffirmed our commitment to the fiscal credibility, discipline and bold reforms powering Ghana’s economic turnaround,” he said.

The IMF’s revised forecast represents a significant improvement on its earlier projection of 4.6%, suggesting stronger growth expectations for the Ghanaian economy in 2026.

The government has maintained that fiscal discipline and reforms remain central to its efforts to stabilise the economy and support sustainable growth.

However, whether Ghana will exceed the IMF’s 5.7% growth projection will depend on the economy’s performance against the Fund’s revised expectations.

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