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 Ghana's projected economic growth for 2026 to 5.7%, signaling a significant increase from the previous estimate of 4.6% made in April. This upward revision is attributed to Ghana's commitment to fiscal discipline, strategic investments aimed at stimulating growth, and robust earnings from gold exports.
The IMF also anticipates a decrease in year-end inflation to 4.8%, down from the April forecast of 7.9%, which is now below the government's target band of 8% ± 2 percentage points. These projections were unveiled during the IMF/World Bank Annual Meetings in Bangkok, Thailand. The World Bank, meanwhile, maintains its growth forecast for Ghana at 4.8% for 2026 and 4.9% for 2027, both slightly lower than the IMF's figures, citing growth momentum from the services sector and a buoyant oil and gas industry.
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