Finance Minister Dr. Cassiel Ato Forson is at the helm of Ghana’s delegation to the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank, marking the first appearance of the country under the new administration of President John Dramani Mahama.

This year's engagement in Washington follows shortly after Ghana reached a staff-level agreement with the IMF on the fourth review of its programme. The deal, valued at approximately $370 million, is expected to provide critical support for Ghana’s economic recovery efforts.

Significantly, the agreement was secured despite several structural and quantitative targets being unmet before the Mahama-led National Democratic Congress (NDC) government assumed office. The breakthrough reflects renewed confidence from international partners in Ghana’s reform trajectory under the new leadership.

The Mahama administration, since taking over, has made considerable strides in stabilizing the economy. The government has accelerated key structural reforms and rolled out additional measures designed to restore fiscal discipline and rebuild investor trust.

Among the most pressing challenges tackled has been the sharp rise in payables recorded in 2024, which resulted in a primary deficit much larger than the previously anticipated surplus. In response, the government has introduced a comprehensive reform package to reduce arrears, enhance spending efficiency, and tighten controls within the public financial management framework.

Key engagements in Washington

During the Spring Meetings, Dr. Forson and his team will engage in several high-level dialogues with global stakeholders. Discussions will center around critical development issues, including employment, sustainable energy, food systems, and climate resilience.

One of the standout moments of the week will be a strategic session between Dr. Forson and IMF Managing Director Kristalina Georgieva. This meeting is expected to focus on Ghana’s ongoing reforms, economic hurdles, and progress made so far.

The Finance Minister will also meet with officials from the Paris Club, key credit rating agencies, the U.S. Treasury, and other development partners. These interactions aim to strengthen bilateral cooperation and bolster market confidence in Ghana’s economy.

In all his engagements, Dr. Forson is expected to articulate what he describes as “Ghana’s reset story” — a vision anchored in macroeconomic stability, responsible debt management, and the pursuit of broad-based and inclusive economic growth.