IMF raises Ghana’s 2026 growth forecast to 5.7%, sees inflation falling to 4.8%
The International Monetary Fund (IMF) has raised Ghana’s economic growth forecast for 2026 to 5.7% and projected year-end inflation at 4.8%, despite global economic pressures and uncertainty.
The International Monetary Fund (IMF) has upgraded its 2026 growth forecast for Ghana, now predicting the economy will expand by 5.7%, from the April projection of 4.6%. The Fund also lowered its 2026 inflation outlook, expecting it to fall to 4.8% by year-end, down from 7.9% in April. These optimistic projections stem from Ghana's dedication to fiscal discipline, targeted growth spending, and strong gold export revenues.
The IMF's revision is attributed to Ghana's adherence to targets under the Policy Coordination Instrument (PCI) programme. However, critics warn that Ghana's continued dependence on gold exports could be a risk factor. The IMF forecasts a slight slowdown in global economic growth to 3.1% in 2026, with a recovery to 3.4% in 2027.
The Fund cites potential risks including renewed geopolitical tensions, artificial intelligence expectations, and fiscal vulnerabilities as factors that could dampen global growth.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
